Charles Harding are delighted to offer for sale, this fantastic investment opportunity situated in the heart of Swindon. Ideally located between the popular Old Town and Town Centre, and within walking distance of the main Railway Station. This grand Victorian Terrace property comprises three self contained apartments across 3 floors, with rental income of £33,000 per annum, which equates to a yield of approx 9%. The property could be switched to a 6 bed HMO in its current format to generate higher yields. There is also planning permission previously granted for the property to be reconfigured into an 8 bed HMO by converting the Cellar & Attic, with the proposed floorplans available to view. Further features include Gas Radiator Heating, with individual boilers for each apartment recently installed, and Off Road Parking to the Rear for 3 Cars. For further information and to arrange a viewing please contact the vendors Sole Agents, Charles Harding.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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