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11 bed property, in Morris Street, £750,000
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11 bed terraced house

Morris Street, Swindon SN2
Planning
£750,000

Our Summary

  • Fully Licensed & Planning Approved
  • Large 11-Bed HMO | Fully Licensed & Planning Approved | High Income Producing Asset National Residential are pleased to present this substantial 11-bedroom freehold HMO investment, positioned within the established residential area of Rodbourne, Swindon
  • Offering generous room sizes, multiple communal areas and a proven income stream, this is a turnkey investment opportunity suited to professional landlords and portfolio investors seeking scale and strong cash flow
  • Investment Overview | Strong Income Performance • 11-bedroom licensed HMO • Planning permission approved Ref: S/22/0257 Change of use from former social club to 11-room co-living accommodation • Freehold • Gross monthly income | £7,780 • Gross annual income | £93,360 • Net monthly income | £6,615 • Net yield | 9
  • Why This Investment Stands Out • Large-scale 11-bed licensed HMO • Planning-approved conversion already completed • Strong established income • Modern condition with minimal immediate expenditure required • Spacious room sizes supporting premium rents • High-demand rental location close to transport and retail hubs • Freehold asset with long-term income potential A rare opportunity to acquire a substantial, income-producing HMO investment in a strong rental market

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Description

The property is a large 11-bedroom freehold HMO located in Rodbourne, Swindon. It was converted from a former social club under approved planning consent and offers modern, spacious accommodation with multiple communal areas. The property features generous room sizes, a large communal lounge and dining area, a spacious kitchen, and 11 bedrooms, 8 with en-suite bathrooms.

The property has a proven track record of strong income performance, with a gross annual income of £93,360 and a net yield of 9.62%. The monthly running costs are £1,165, and the property benefits from a level 3 licence for shared accommodation. The location is convenient for major employers, transport connections, and retail amenities.