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Park Lane, Swindon, Wiltshire, SN1

South West

£300,000

Listed on 10/07/2026

Property details

Bedrooms
6
Type
Terraced
Area
1862 sqft

Description

This fully licensed 6-bedroom HMO presents an excellent investment opportunity in the heart of Swindon Town Centre, ideal for generating immediate rental income exceeding £40,000 per annum. The property is strategically located within walking distance to the Swindon Railway Station and the popular Designer Outlet. While it currently comprises six letting rooms spread across three floors, it requires updating and modernization, allowing for significant enhancements to its rental potential. The ground floor includes an entrance hall, a bay-fronted bedroom that connects to another bedroom (currently functioning as a single unit but with the option to revert back to two separate rooms), a communal kitchen leading to a rear garden, and an additional bedroom featuring an en-suite shower room. The first floor hosts three bedrooms, each equipped with en-suite facilities, while the top floor boasts a further double bedroom with its own en-suite. Externally, there is off-road parking accommodating multiple vehicles and potential for outdoor use. This property offers clear avenues for value addition through renovation, making it a compelling prospect for investors seeking properties with growth potential.

Investment analysis

(SN1 area)

Below Market Value

This property is priced -40.0% below area average per sq ft

-40.0%
Potential saving
This Property
£161/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£235
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£550,454
10% above area average per sq ft
Potential ROI
+57.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SN1)

Area prices are falling by -9.3% over the last 12 months
3 year growth: +0.6%
5 year growth: +7.7%
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

Park Lane, Swindon, Wiltshire, SN1
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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
£1,133
Based on a loan of £225,000 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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