44 bed flat

The property is a residential block of 28 flats in Swindon, England, currently operated as a serviced apartments. The block contains 12 one-bed and 16 two-bed flats, with a total rent of £360,130 per year. The property has planning permission to add two additional floors, which could create 12 more flats. The entire property is currently let to Charles Hope Holdings Ltd for a term of 6 years, with a fixed rent increase every 4 years. The property is located in a central location, within walking distance to Swindon Train Station and various retail occupiers.