Ipswich Street, Swindon, SN2 1DB

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.