Arranged over three floors, this six-bedroom, five-bathroom HMO was thoughtfully converted from a family home in 2018. The layout has been carefully designed to provide generous bedroom sizes, practical living arrangements and ample bathroom facilities, complemented by modern, neutral décor throughout. The current owners have continued to maintain the property to a high standard and have recently carried out a cosmetic uplift to the communal areas, further enhancing the overall presentation and appeal of the accommodation.

The property is currently generating £50,700 per annum, delivering an impressive gross yield of approximately 11.02%. Since its refurbishment, it has achieved an occupancy rate of over 98%, demonstrating consistent tenant demand. A full financial breakdown, including rental income and expenditure, is available upon request.

In addition to its investment credentials, the property benefits from private off-street parking to the rear. Front and rear gardens provide valuable outdoor space for tenants to enjoy, a particularly attractive feature that is less commonly found in comparable properties in the area.

Croft Road is ideally positioned for access to a range of major local employers, including Nationwide, which is just a short distance away, as well as Intel, BMW and Amazon’s major distribution centre. The nearby Great Western Hospital is another significant regional employer, attracting medical professionals and support staff and helping to underpin demand for quality rental accommodation. Local amenities and bus routes providing convenient access to Swindon town centre are also close at hand.

For investors seeking an established HMO with a strong rental track record, excellent occupancy and the benefit of recent cosmetic improvements, this property represents a compelling opportunity.

For further information or to arrange a viewing, please contact the team at SFT Property today.

Features

• 6 Bed HMO
• Fantastic Location
• Well Maintained Throughout
• Bricks & Mortar Value
• Gross Income - £50,700 PA
• Gross Yield - 11.02%
• No Buyers Fees