Victoria Road, Old Town, Swindon, Wiltshire, SN1

This impressive Victorian terrace property presents a compelling investment opportunity in Swindon, strategically located between the vibrant Old Town and the bustling Town Centre, just a short walk from the main Railway Station. Comprising three self-contained apartments distributed over three floors, this property currently generates an attractive rental income of £33,000 per annum, offering an estimated yield of approximately 9%. The existing layout provides a pathway to transform it into a six-bedroom House in Multiple Occupation (HMO) to enhance rental returns. Additionally, there is previously granted planning permission for an ambitious reconfiguration into an eight-bedroom HMO by utilizing both the cellar and attic spaces. Recent updates include individual gas boilers for each apartment and off-road parking that accommodates three vehicles. This property’s potential for higher yields makes it an enticing opportunity for both investors and renovators looking to maximize returns.