# Studio apartment for rent (SN1 5FE)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 1, BANK BUILDING, 84 - 86, COMMERCIAL ROAD, SWINDON, SWINDON SN1 5FE |
| Price | £750 pcm |
| Bathrooms | 1 |
| Council tax | TBC |
| Last sold | £105,000 Feb 2024 |

## Description

Newly converted ground floor STUDIO apartment located in the heart of Swindon Town Centre.  High specification throughout. The property comprises of studio reception room, shower room and kitchen fully equipped with white goods. The property is fully electric. Offered unfurnished. AVAILABLE NOW. EPC RATING C, COUNCIL TAX BAND A

AVAILABLE NOW - Newly converted ground floor studio apartment located in the heart of Swindon Town Centre.  High specification throughout. The property comprises of studio reception room, shower room and kitchen fully equipped with white goods. The property is fully electric.  Unfurnished. EPC RATING C, COUNCIL TAX BAND A

## Property Photos

- ![Picture No. 06](/listings/photos/154500563/232683) - Picture No. 06
- ![Picture No. 10](/listings/photos/154500563/232684) - Picture No. 10
- ![Picture No. 11](/listings/photos/154500563/232685) - Picture No. 11
- ![Picture No. 12](/listings/photos/154500563/232686) - Picture No. 12
- ![Floorplan](/listings/photos/154500563/232687) - Floorplan

## Rental Range

*ONS Price Index of Private Rents (South West). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,108/mo
- **Realistic:** £1,231/mo
- **Optimistic:** £1,354/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Swindon (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Crombey St, SN1 | £1,050/mo | 2 | 0.09 miles | OpenRent |

**Average rent: £1,050/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,050/mo).*

- **Gross yield:** 1680%
- **Monthly cashflow:** £917/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5059.6%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)