Milton Road, Swindon, Wiltshire

Under Offer

10 10 1

£740,000 Offers Over House of multiple occupation for sale
_8509667 - Copy
Under Offer
_8509667 - Copy _8509719 Room 1c _8509667 SR2 _8509679 _8509683 _8509701 _8509705 _8509708 - Copy _8509711 _8509715 - Copy _8509723 14 Milton Door 14 Milton front Room 1 (a) Room 1 (b) Room 2b Room 2d Room 3c Room 3d Room 4a Room 4c Room 4d Room 4f Room 5a Room 5b Room 5d Room 6 Room 6a Room 6b Room 7 Room 7e Room 7f Room 7h Room 8a Room 8c Room 8d Room 9 Room 9c Room 10a Room 10b SR3 SR5 SR6

Description

This high-quality HMO, comprising 10 ensuite bedrooms plus a studio and supported by two modern kitchens, offers a compelling investment opportunity in central Swindon. Fully let to working professionals, the property generates £81,948 in annual rental income, delivering a strong gross yield of 11.07% with consistent occupancy and dependable returns. Ideally located close to major employers, the university, retail centres, and key amenities, it benefits from robust tenant demand, while excellent rail links to London, Bristol, and Reading, alongside easy access to the M4, further enhance its commuter appeal. With significant regeneration projects, including town centre redevelopment and the New Eastern Villages scheme, set to drive long-term growth and capital appreciation, this property represents a secure, high-yielding asset in one of the South West’s most dynamic rental markets.

Gross Yield: 11.07%

Income Breakdown (Monthly):
Room 1: £855.00 Room 2: £690.00 Room 3: £735.00 Room 4: £699.00 Room 5: £640.00 Room 6: £700.00 Room 7: £630.00 Room 8: £720.00 Room 9: £575.00 Room 10: £585.00 Total Monthly Income: £6,829.00 Annual Income: £81,948.00
Expenditure Breakdown (Monthly):
Light/Power/Heating/Water: £440.00 Council Tax: £257.00 TV/Media/Internet/Telephone: £81.00 Cleaner: £70.00 Management: TBC Total Monthly Expenditure: £848.00 Annual Expenditure: £10,176.00
Investment Performance:
Net Annual Income: £71,772.00 Gross Yield: 11.07% Net Yield: 9.70%
Reference: XFG-49996925

Area Description

No area description is available for this property.

Additional Details

  • Bedrooms: 10 Bedrooms
  • Bathrooms: 10 Bathrooms
  • Receptions: 1 Reception
  • Ensuites: 10 Ensuites
  • Kitchens: 2 Kitchens
  • Tenure: Freehold
  • Rights and Easements: Ask Agent
  • Risks: Ask Agent

Additional Features

  • Accessibility - Not Suitable for Wheelchair Users

Broadband Speeds

  • Download: 15mbps - 1800mbps
  • Upload: 1mbps - 1000mbps

Estimated broadband speeds provided by Ofcom for this property's postcode.

Milton Rd floorplan colour Energy Efficiency Chart

Features

  • Property Layout – 10 en-suite bedrooms plus a studio, with 2 kitchens for tenant comfort
  • Tenant Type – Fully tenanted by working professionals, providing consistent rental income
  • Strategic Location – Central Swindon close to major employers, retail, university and amenities
  • Transport & Connectivity – Excellent rail links to London, Bristol & Reading, plus easy M4 motorway access
  • Regeneration Benefits – Ongoing town centre regeneration and Swindon New Eastern Villages project boosting growth
  • High Rental Income & Strong Yield – Gross annual income £81,948 delivering 11.07% yield

Enquiry

To make an enquiry for this property, please call us on 0330 4415 888, or complete the form below.

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