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Westcott Place, Swindon

South West

£180,000
Listed on 05/03/2026

Property Details

Bedrooms
6
Type
Semi-detached house
Area
1201 sqft

Description

This 6-bedroom house of multiple occupation (HMO) presents a unique opportunity for investors looking to capitalize on the rental market. Located within convenient reach of Swindon town centre, this property is equipped with parking and has previously generated a potential income of approximately £33,000 when in good condition. The layout includes an entrance hall, two bedrooms, a kitchen/dining area, utility cupboard, bathroom, and shower room on the ground floor. The first floor contains two en-suite bedrooms along with an additional bedroom, while the second floor features another en-suite bedroom. Some upgrades have already been made, including improvements to electrical systems and fire alarms. However, modernisation is still needed to bring the property up to competitive rental standards. The rear offers ample concrete space for off-road parking, enhancing its appeal as a rental unit. Given Swindon's ongoing development and amenities such as shops, bars, restaurants, schools, and transport links—including a mainline railway station—this investment is positioned for significant value growth after refurbishment.

Investment Analysis

(SN1 area)

Below Market Value

This property is priced -44.7% below area average per sq ft

-44.7%
Potential saving
This Property
£150/sq ft
Area Average
£271/sq ft
Avg Rent (weekly)
£234
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£357,754
10% above area average per sq ft
Potential ROI
+62.6%
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

Westcott Place, Swindon
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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
£649
Based on a loan of £135,000 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.

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