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51 Bowleymead

DB-1089

Swindon •••••

£1,400/mo

Service Accommodation
Social Housing
Supported Living
HMO

Why the landlord is looking for a deal

This well-presented, double-glazed three-bedroom property in Eldene offers excellent accessibility, located within walking distance of local amenities, schools, and essential transport links including M4 Junction 15. Recently utilized as a high-yield HMO, the versatile layout includes a converted living area, making it an ideal turnkey investment for prospective landlords. The home features low-maintenance front and rear gardens, with the added benefit of nearby free parking.

Type

HMO

Bedrooms

3

Bathrooms

1

Furnishing

Unfurnished

Parking

Allocated

EPC Rating

D

Planning Use

HMO (C4)

Tenancy Status

Vacant

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Location

Discover nearby amenities, transport links, and attractions

Service Accommodation Revenue

Est. Nightly Rate

£150

per night

Est. Monthly Revenue

£3,150

at 70% occupancy

Comparable Listings

Who This Property Suits

Based on the location and property type, this serviced accommodation is likely to appeal to the following guest types, ranked by suitability:

Contractors

Construction workers, engineers, utilities and infrastructure teams. Usually book Monday–Friday or for several weeks/months.

Corporate Guests

Employees relocating, attending training or working on temporary projects. Reliable and often booked through companies.

Insurance Guests

People displaced by floods, fires or other home insurance claims. Stays can last several weeks or months.

NHS Staff

Doctors, nurses and locum healthcare professionals working temporary placements.

Relocation Guests

Families or individuals waiting to move into a new home.

Families Visiting Relatives

Especially near hospitals or during holidays.

HMO License & Safety

Licensed

Safety Measures

Smoke alarms installed
Fire doors fitted
Emergency lighting installed
Fire extinguishers provided

Monthly Costs

SELF MANAGED

Monthly Rent£1,400
Utility Bills£220
Council Tax£180
Platform/Booking Fees£472
Total Monthly Costs£2,272

VIA MANAGEMENT CO

Monthly Rent£1,400
Utility Bills£220
Council Tax£180
Platform + Management Fees£874
Total Monthly Costs£2,674

All-In Costs to Get Started

Select your furnishing package:

Using staff estimate: £6,000. Select a package above to update ROI figures.

Furnishing Costs(Please note this is an estimate)£6,000
Sourcing Fee£3,000
Deposit (Please note often we can negotiate no deposit after a viewing for you.)£1,500
First Month's Rent (Please note we can often negotiate rent free periods especially if the property needs work)£1,500
Total All-In Cost£12,000

Service Accommodation Profit

Profit — Self Managed

£878

at 70% occupancy

£627

At 50% occupancy

Profit — Via Mgmt Co

£476

at 70% occupancy

£340

At 50% occupancy

Breakeven Analysis

Months to recover all-in costs based on monthly profit:

Self Managed

14

months

Via Management Co

26

months

5-Year Profit Projections

(After all-in startup costs)

YearSelf ManagedVia Management Co
1 Year£-1,464£-6,288
2 Years£9,072£-576
3 Years£19,608£5,136
4 Years£30,144£10,848
5 Years£40,680£16,560

Revenue as a HMO

Room 1£700
Room 2£650
Room 3£600
Total Monthly Income (3 rooms)£1,950

Costs as HMO

Utilities (3 rooms × £100/room)£300
Maintenance/Repairs Allowance£98
Void Periods Allowance£98
Rent to Landlord£1,400
Total Monthly HMO Costs£1,896

HMO Profit

Estimated Monthly Profit£54

HMO ROI & Breakeven

Annual ROI

5.4%

£648/yr on £12,000

Time to Break Even

223

months

Monthly Profit

£54

per month

HMO 5-Year Profit Projections

(After all-in startup costs of £12,000)

YearCumulative ProfitROI
1 Year£-11,352-94.6%
2 Years£-10,704-89.2%
3 Years£-10,056-83.8%
4 Years£-9,408-78.4%
5 Years£-8,760-73.0%

Social Housing Profit

Guaranteed Provider Rent£1,875
Rent to Landlord£1,400
Bills (Utilities + Council Tax)£400
Management/Maintenance£215
Estimated Monthly Profit£-140

Supported Living Profit

Room 1£835
Room 2£835
Room 3£765
Total Monthly Income (3 rooms)£2,435
Rent to Landlord£1,400
Bills (Utilities + Council Tax)£400
Management/Maintenance£515
Estimated Monthly Profit£120