5 Bed HMO, Swindon, SN1 4LJ £350,000

32 Kingshill Road, Swindon, SN1 4LJ - 20 views - a year ago
Sold STC
HMO
ROI: 7%
105 m²
Property image

ValuationOvervalued

Sold Prices£207K - £1.1M
Sold Prices/m²£2.4K/m² - £4K/m²

 

 

Square Metres

105 m²
Price/m²£3.3K/m²

Value Estimate

£309,463

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Room Rate

£589

Gross Rent

£2,945

Running Costs/mo

£2,296

Cashflow/mo

£649

Cashflow/yr

£7,788

ROI

7%

Gross Yield

10%

Local Sold Prices

29 sold prices from £207K to £1.1M, average is £550K. £2.4K/m² to £4K/m², average is £3.1K/m².

Price
Date
Distance
Address
Beds
 
£650K03/250.17 mi56, Okus Road, Swindon SN1 4JP5
£650K03/250.17 mi56, Okus Road, Swindon SN1 4JP5
£550K03/250.17 mi58, Okus Road, Swindon SN1 4JP5
£550K03/250.17 mi58, Okus Road, Swindon SN1 4JP5
£510K07/250.37 mi147, Goddard Avenue, Old Town, Swindon SN1 4HX5
£360K03/250.37 mi14, Seacole Crescent, Old Town, Swindon SN1 4GN5
£635K03/250.37 mi144, Goddard Avenue, Old Town, Swindon SN1 4HX5
£635K03/250.37 mi144, Goddard Avenue, Old Town, Swindon SN1 4HX5
£675K05/210.39 mi29, Tithe Barn Crescent, Swindon SN1 4JX5
£350K06/210.39 mi111, Bath Road, Swindon SN1 4AX5
£562.5K06/210.41 mi96, Bath Road, Swindon SN1 4AY5
£1.1M06/240.41 mi16, Roman Crescent, Old Town, Swindon SN1 4HH5
£780K09/220.42 mi109, Bath Road, Swindon SN1 4AX5
£830K08/230.72 mi2, Nicholas Court, Swindon SN1 4HJ5
£712.5K06/240.81 mi2a The Oaks, Pleydell Road, Old Town, Swindon SN1 4DH5
£580K09/240.88 mi86, Croft Road, Swindon SN1 4DW5
£466K09/240.9 mi14, Collard Close, East Wichel, Swindon SN1 7AS5
£395K12/221.13 mi18, Stancombe Park, Westlea, Swindon SN5 7AP5
£750K11/221.2 mi9, Greywethers Avenue, Swindon SN3 1QG5
£525K03/251.23 mi25, Falmouth Grove, Old Walcot, Swindon SN3 1EJ5
£207K06/211.38 mi19, Kirkstall Close, Toothill, Swindon SN5 8ED5
£681.5K07/251.45 mi27, Windsor Road, Lawn, Swindon SN3 1JP5
£352K02/251.46 mi14, Malvern Road, Swindon SN2 1AR5
£362.5K02/251.6 mi36, Alnwick, Toothill, Swindon SN5 8JJ5
£420K09/211.64 mi19, Boness Road, Wroughton, Swindon SN4 9DX5
£432.5K04/231.77 mi7, Barcelona Crescent, Wroughton, Swindon SN4 9EE5
£472K03/231.9 mi52, Church Walk South, Swindon SN2 2JE5
£310K09/231.9 mi16, Church Walk South, Swindon SN2 2JE5
£630K08/232 mi175, Whitworth Road, Swindon SN25 3BX5

Local Area Statistics

Population in SN1

29,453

Population in Swindon

211,186

Town centre distance

1.31 miles away

Nearest school

0.30 miles away

Nearest train station

0.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £350,000

June 28, 2024

Sold for £139,000

2009

Sold for £161,500

2007

Sold for £132,500

2005

Sold for £85,000

2001

Floor Plans

Property image

Description

  • Investment opportunity +
  • Producing £3600pcm (£43,200pa) +
  • Five bedroom +
  • Five en-suites +
  • Off road parking +
  • Presented in good order +

Fully licenced and occupied House of multiple occupation producing £3,600pcm (£43,200pa). Turn key investment opportunity located between the Town Centre and Old Town. Five bedroom HMO all with en-suite shower rooms and two off road parking space. The property is presented in very good order and well kept having undergone renovations in recent years. The ground floor consists of three individual double bedrooms all with en-suite shower rooms. Upstairs contains a further two bedrooms with en-suite shower rooms and the communal kitchen. The property also has a low maintenance rear garden ideal for tenant outdoor space and storage.

Agent Details

Charles Harding Estate Agents, Swindon

01793 540423

Next Steps?

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