6 Bedroom HMO in Swansea City Centre
6 Bedroom HMO in Swansea City Centre
Property Snapshot
Location: Swansea City Centre
Purchase Price: £185,000
Listing: Auction Purchase 28 days from offer accepted
Strategy: HMO Refurbishment
End Value: £365,000
Bedrooms: 6 (all en-suite)
Monthly Rent: £3,450
Expected Monthly Cash flow: £1,274
Annual Gross Rent: £41,400
Annual Net Rent: £15,288
Reserve this deal here for £499. This fee is fully refundable should you decide not to go ahead after completing your due diligence. Full legal pack available on request.
Property Overview
Key Highlights
✅ Multiple exit strategies (HMO or Flip)
✅ Strong rental yield and cash flow potential
✅ High ROI with short payback period
✅ Conservative renovation estimates for fallback
We’ve secured an exceptional opportunity in Swansea—a property with planning and licensing for a 6-bedroom HMO, located in one of Swansea’s most desirable areas, just minutes from the city centre and universities.
The seller, motivated by financial circumstances, agreed to a pre-auction purchase price of £185,000, creating immediate value for the investor. Once the firm offer is accepted, the purchase will be subject to auction terms: a 10% deposit, buyer’s premium, and completion within 28 days.
With the existing HMO licence valid until early 2026, the new owner only needs to apply for renewal post-renovation. The property is in good condition and could be re-let as is, but the real potential lies in a strategic upgrade: adding en-suites to bedrooms, repurposing the large middle-floor bathroom, and refreshing the kitchen and utility areas. This transformation positions the property as a premium HMO, driving higher occupancy and rental income.
Estimated renovation costs range from £50,000 for a smart upgrade to £80,000 for a full high-standard conversion, unlocking an end value of £365,000 and strong monthly cash flow. Additional features include a double garage and on-street parking, enhancing tenant appeal.
This is a rare chance to acquire a high-yield asset with multiple exit strategies and exceptional ROI potential.
Costs for HMO Strategy:
Purchase: £185,000
Legals: £1,600
Auction Fees: £4,000
Sourcing Fees: £4,997
Renovation: £80,000
Insurance: £250
Survey: £1,500
Stamp Duty: £9,250
Furnishing: £20,000
Total Investment: £306,597
Finance & Returns:
Monthly rental income: £3450 (This is based on an average of £575 per room per month)
Annual Rental Income: £41,400
LTV (75%): £273,750
Monthly Mortgage (5%): £1,140.63
Agent Management cost (15% rental Income): £517.50
Utilities and running costs (15% rental Income): £517.50
Expected Cash Flow: £1,274/month
Annual cash flow: £15,288
ROI: 84%
Money left in the deal: £32,847
Payback Period: 2 years
Comparable Rooms to Rent in Swansea
Exit Strategy 2: Flip Back to Single Dwelling
Estimated End Value: £270,000–£300,000
Renovation Costs: £30,000 - £50,000 (Schedule of work dependent)
Total Costs: £225,547
Potential Flip Profit: £44,453–£74,453
