- 6 Bed HMO +
- Fantastic Location +
- Well Maintained Throughout +
- Gross Income - £49,596 PA +
- Gross Yield - 10.12% +
- Buyers Fee - 1.5% Inc VAT +
SFT Property is delighted to present this fantastic 6 Bed HMO investment opportunity in Swindon. With strong rental appeal in one of Swindon’s most popular and sought-after locations it is perfect for both new and experienced investors. The property is also available to be sold with no onward chain.
Croft Road is a 6-bedroom (4 bathroom) HMO spread across three floors. Originally renovated from a family home in 2018 the house has been thoughtfully designed to allow generous bedroom sizes, maximum bathrooms and is finished in a modern neutral décor throughout. The property has been self managed by the current owners and has been very well maintained. The property can be sold with vacant possession and could easily be turned back in to a spacious family home.
The property is currently generating £4,133 pcm / £49,596 per annum and boast a great gross yield of 10.12%. Full financial breakdowns on expenditure and rents are available upon request. Since refurbishment the property has operated on a 98%+ occupancy rate.
Private off-street parking at the rear and free on-street parking available. The property also benefits from have a front and rear easy to maintain garden for the tenants to enjoy which is rare for the area.
Swindon is home to leading employers such as Nationwide which is a stones throw from the property, Intel, BMW, and Amazon’s major distribution centre—creating a strong and consistent demand for premium rental accommodation. Adding to its appeal, the Great Western Hospital serves as a key regional employer, drawing a steady influx of medical professionals and support staff to the area. The property is also close to all local amenities and bus routes into the town centre.
For more information, feel free to reach out to the team today!