£290,000

4 bed terraced house for sale
William Street, Swindon SN1

    • 4 beds

    • 4 baths

    • 1 reception

  • EPC Rating: D

  • Freehold

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Allen & Harris - Swindon

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About this property

  • Fully tenanted, providing immediate income from completion

  • Potential to increase rents, with two rooms currently below market value

  • Scope for loft conversion (subject to consent) to create a fifth bedroom and enhance returns

  • Shared kitchen, communal living area and private rear garden

  • Four double bedrooms, including three with en-suite shower rooms

  • Currently generating £31,620 per annum rental income

  • Attractive 10.9% gross yield at the guide price of £290,000

  • Fully operational four-bedroom HMO investment

Summary
An excellent opportunity to acquire a fully operational and income-producing four-bedroom House in Multiple Occupation (HMO), currently generating £31,620 per annum, equating to an attractive 10.9% gross yield based on the guide price of £290,000.

Description
The property comprises four spacious double bedrooms, three of which benefit from private en-suite shower rooms, while the fourth bedroom is served by a separate bathroom. This highly desirable layout continues to prove popular with professional tenants, ensuring strong and consistent demand. In addition, the property features a well-equipped shared kitchen, a comfortable communal living area, and a private rear garden.

Fully tenanted and professionally operated, the property provides immediate rental income from completion, making it an ideal turnkey investment for both seasoned and first-time landlords.

There is also scope to further enhance returns. Presenting an opportunity for future rental growth. Furthermore, subject to obtaining the necessary planning permissions and building regulations approvals, the loft space offers potential for conversion into a fifth bedroom, creating additional income and increasing the overall yield.

Situated on William Street, the property enjoys a convenient location within easy reach of Swindon town centre, excellent transport connections, and a wide range of local amenities. Its accessibility and popularity among working professionals make it a consistently attractive rental proposition.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

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More information

  • Tenure

    Freehold

  • Council tax band

    B

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Property descriptions and related information displayed on this page are marketing materials provided by - Allen & Harris - Swindon. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Allen & Harris - Swindon for full details and further information.