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William Street, Swindon, SN1

South West

£290,000
Listed on 10/09/2025

Property Details

Bedrooms
4
Type
Terraced
Area
909 sqft

Description

This four-bedroom HMO represents a solid investment opportunity with a current gross income of £31,620 per annum, yielding 10.9% at the asking price of £290,000. Comprising three generously sized ensuite double bedrooms and a fourth smaller double with a separate bathroom, this property is fully occupied and caters well to the professional tenant demographic due to its proximity to Swindon town centre and amenities. The shared kitchen and communal living area enhance its appeal as a rental property. Notably, two rooms are currently rented below market value, presenting an immediate potential for increased revenue upon lease renewals. There is also the possibility of expanding your investment further by converting the loft into an additional bedroom (subject to planning permission), which could significantly boost both rental income and property value. The addition of a private rear garden adds another layer of desirability for tenants seeking outdoor space.

Investment Analysis

(SN1 area)

Above Market Value

This property is priced +17.8% above area average per sq ft

+17.8%
This Property
£319/sq ft
Area Average
£271/sq ft
Avg Rent (weekly)
£234
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£270,773
10% above area average per sq ft
Potential ROI
-14.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (SN1)

Area prices are falling by -7.2% over the last 12 months
3 year growth: +9.9%
5 year growth: +14.6%
Investment Disclaimer: Analysis based on SN1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

William Street, Swindon, SN1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,046
Based on a loan of £217,500 over 30 years at 4.06% interest

These results are estimates and are 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.

Price History

-3.3% since listed
£290,000£10,000(-3.3%)
24/03/2026
Current price
£300,000Initial listing
05/10/2025

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