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480 Cricklade Road, Swindon

South West

£270,000

Listed on 30/06/2026

Property details

Bedrooms
4
Type
Semi Detached
Area
1557 sqft

Description

This property on Cricklade Road in Swindon presents a compelling investment opportunity. Featuring four bedrooms, a generous lounge, separate study, and dining area, the home requires comprehensive refurbishment, making it ideal for investors looking to enhance value and maximize returns. With the proper planning permissions (STP), there's significant potential to transform this space into a six-bedroom HMO with en-suite facilities, which could greatly increase rental income. Additionally, the property includes off-road parking and a garage for convenience. Once renovated and optimized, it is anticipated that the gross rental income could reach approximately £50,000 per year.

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Investment analysis

(SN2 area)

Below Market Value

This property is priced -37.1% below area average per sq ft

-37.1%
Potential saving
This Property
£173/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£252
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£472,020
10% above area average per sq ft
Potential ROI
+34.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SN2)

Area prices are rising by +2.3% over the last 12 months
3 year growth: +6.5%
5 year growth: +26.4%
Investment Disclaimer: Analysis based on SN2 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

480 Cricklade Road, Swindon
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,020
Based on a loan of £202,500 over 30 years at 4.45% 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.

Stamp duty calculator

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