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See how verdicts work4-bedroom terraced house · SN2 1DB
For saleListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investors and developers – an excellent value-add opportunity offered with vacant possession.
This former HMO presents a rare opportunity to acquire a property that has previously operated as a compliant House in Multiple Occupation, offering excellent potential for a light refurbishment before returning to the rental market.
The accommodation comprises three bedrooms on the first floor, together with a versatile ground floor room that was previously let as an additional bedroom under the HMO configuration, providing the potential for four lettable rooms in total.
Externally, the property benefits from a private courtyard garden and a substantial double garage, offering secure parking, storage, or potential for alternative uses, subject to the necessary consents.
Having previously been successfully operated as a compliant HMO, the property already has the foundations of a strong rental investment.
Offered with vacant possession and no existing tenancies to manage, purchasers can proceed quickly, carrying out a straightforward programme of refurbishment to enhance the property's appeal and bring it in line with modern expectations.
The opportunity to improve both the capital value and rental income is significant, with scope to achieve higher room rents once updated.
Whether you're an experienced landlord looking to expand your portfolio or a developer seeking a straightforward refurbishment project with strong investment potential, this property represents an attractive proposition.
Early viewing is highly recommended to fully appreciate the opportunity on offer.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 68, Ipswich street, swindon
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