5 Wheatlands, Swindon, Wiltshire, SN25 1RL
- Unconditional Online Sale
- Offers in Excess of : £400,000
- Bedrooms: 6
- Bathrooms: 6
- Reception Rooms: 1
Fully Licensed 6-Bed 6-Bath HMO (5 Ensuites) | £50,376 Annual Income | 12.59% Gross Yield | Prime Swindon Location | Near Employers, Retail & Amenities | Professional Tenants | Excellent Rail & M4 Links | Regeneration Area | Turnkey Investment
Description
This modern, high-spec, fully compliant 6-bedroom HMO—featuring six bathrooms including five ensuite rooms—offers a compelling high-yield investment opportunity in a prime Swindon location. Fully tenanted by working professionals, the property generates £50,376 in annual rental income, delivering an impressive gross yield of 12.59% with stable occupancy and dependable cash flow. Finished to a high standard throughout, the property benefits from a dedicated laundry room, off-road parking, bicycle storage, and owned outright solar panels, enhancing both tenant appeal and operational efficiency while generating additional income. Ideally positioned close to major employers, retail amenities, and key services, it ensures consistent tenant demand. The property also benefits from proximity to Panattoni Park Swindon, a major employment hub expected to create thousands of new jobs, further supporting long-term rental demand. Excellent transport connectivity via direct rail links to London, Bristol, and Reading, alongside easy access to the M4 corridor, further enhances its appeal to professionals and commuters. Supported by ongoing town centre regeneration and significant infrastructure investment, this asset represents a resilient, income-generating opportunity with strong long-term growth potential in one of the South West’s most established rental markets.
Income Breakdown (Monthly)
| Room 1: £695.00 |
| Room 2: £725.00 |
| Room 3: £695.00 |
| Room 4: £688.00 |
| Room 5: £695.00 |
| Room 6: £700.00 |
| Total Monthly Income: £4,198.00 |
| Total Annual Income: £50,376.00 |
| *Solar panels generate an additional income of approximately £223 per calendar month (Paid Quarterly)* |
Expenditure Breakdown (Monthly):
| Gas: £76.00 |
| Electric: £53.00 |
| Water: £93.00 |
| Council Tax: £248.00 |
| TV License: £15.00 |
| Broadband: £50.00 |
| Cleaner: £108.00 |
| Management: Self-managed |
| Total Monthly Expenditure: £643.00 |
| Total Annual Expenditure: £7,716.00 |
Investment Performance:
| Net Annual Income: £42,660.00 |
| Gross Yield: 12.59% |
| Net Yield: 10.67% |
Committed Sale Process
This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.
If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.
Full details of the Committed Sale process are available within the legal pack or from the HMO X team.
Loading the bidding panel...
Financing
Looking to purchase at auction but need the right finance in place?
We’ve partnered with VIBE Finance to help our buyers secure fast and flexible funding solutions tailored for HMOs.
Get in touch with VIBE Finance today to explore the best financing options for your next HMO purchase
HMO X - VIBE FinanceAgreement Documents
Legal Documents
Log in to view legal documentsAdditional Documents
Related Documents
Make an Enquiry
Submit an enquiry and someone will be in contact shortly.
Share
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.