See the 13-bedroom house share on the market for over £1 million
The Bath Road property is being marketed by Moovahome as a 13-bedroom HMO with en-suite bedrooms in a 'prime location'.
It has been listed on Rightmove as a commercial property for £1,225,000 spread across 4,500 sq.
Despite previous concerns in the area over parking in HMO's, tenants are expected to benefit from off-street parking.
The listing states: "Moovahome are delighted to present this exceptional HMO opportunity located on one of the most sought-after roads in Swindon's prestigious Old Town. Spanning approximately 4,500 sq ft, this impressive detached property comprises 13 generously sized en-suite bedrooms, all meticulously maintained and ideal for high-end rental accommodation.
"Perfectly designed for professional tenants, each room offers modern fittings and privacy, ensuring minimal void periods and excellent yields. The property also benefits from ample off-street parking, a rare find in this prime location.
"Set on a substantial plot, the property boasts significant development potential, with an expansive rear garden and private access via The Avenue – one of Swindon's most exclusive addresses. Subject to planning permission, this space could be ideal for additional dwellings, further rental units, or a separate residential development.
(Image: Rightmove)
(Image: Rightmove) "Located just a short walk from the heart of Old Town, tenants benefit from immediate access to boutique shops, popular bars, cafes, and excellent transport links, including the nearby train station and major road networks."
Last year, a controversial HMO on Bath Road was approved, following an application submitted to Swindon Borough Council by Andrew Whiting, proposing to convert the offices at 39 Bath Road into a nine-bed HMO.
It was put before the committee on March 12 after being called in by Old Town ward councillor Nadine Watt, because the officers report recommended approval.
Cllr Watts' colleague councillor Jane Milner-Barry spoke as ward member on her behalf.
She said she was concerned by the lack of parking, the difficulty of bin lorries accessing the rear of the property via the narrow lane The Shearings, and what she called 'The proliferation of HMOS in the area'.
Read more
Motorist caught by automatic camera at 58mph on M4 is fined
All you can eat steakhouse opening this summer
Update on 'distraction burglary' after antique shop targeted
She added: 'People are trying to return the nature of Bath Road to a residential road full of houses.'
Many residents were also outraged by the proposals.
There were 28 letters of objection sent in, mainly focussing on the impact on the area, including the difficulty in collecting rubbish from The Shearings, and the increase in waste created by an HMO.
One letter said that residents in HMOs tend to be more transient in nature and care less for the surrounding area.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
BrewDog beers axed by almost 2,000 pubs
BrewDog's beers have been axed by almost 2,000 pubs across Britain in a major blow to the embattled brewer. The company's range of draught beers have disappeared entirely from approximately 1,860 pubs in the last two years – cutting its UK distribution by more than a third, according to confidential pub industry data. These figures also show that BrewDog's best-known beer, Punk IPA, has suffered the worst loss after being removed from 1,980 pubs over the same period – a 52.3pc decline in distribution. An industry source said BrewDog was 'losing taps in the [pub and bar trade] like you wouldn't believe' as pubs opt for rival beers such as Camden Town and Beavertown instead. Most of the pubs scrapping BrewDog beers are part of chains and owned by large pub companies, removing a key source of revenue for the brewer at the same time as it struggles to revive its fortunes. The collapse in BrewDog's UK distribution comes following a turbulent period that saw the one-time darling of the craft beer scene post massive losses and face allegations of a 'toxic' workplace culture. Last month, the company was forced to close 10 of its own branded bars across the UK including its flagship site in Aberdeen after deciding they were not 'commercially viable'. It highlights the pressure on James Taylor, BrewDog's chief executive, to reverse the company's declining fortunes. BrewDog has recorded losses of £59m in 2023 and £30.5m in 2022. Mr Taylor admitted in a recent interview with The Telegraph that the company would again be in the red this year. According to the industry insider, the pub retrenchment is likely to make BrewDog ever more reliant on JD Wetherspoon, whose 794 pubs now make up a significant chunk of its remaining distribution, 'If they ever lost the JD Wetherspoon deal, then that's Punk IPA done as a [pub trade] product,' they said. Lauren Caroll, BrewDog's chief operating officer, said: 'Independent brewers across the board have felt the squeeze from the economic pressures hitting the pub trade. With costs rising and consumers watching their spend, pub groups have been narrowing their ranges, and brewery-owned pubs are putting more emphasis on their own brands. 'It's not just us – every independent brewer has been affected. We saw the trend coming, which is why we've shifted focus to high-impact channels like festivals, stadiums, and independent [pubs].' Founded in 2007 by James Watt and Martin Dickie, BrewDog rose to prominence in the 2010s amid a boom in demand for independent beers and hoppy IPAs. Led by Mr Watt as chief executive, the company became known for marketing stunts such as driving a tank through London and brewing what it claimed was the world's strongest beer to be served from a taxidermy squirrel. However, in recent years it has been dogged by controversies including high-profile allegations of a 'culture of fear' that emerged in an open letter from former employees and people working there at the time. Mr Watt was also accused of acting inappropriately with female staff following a BBC investigation, which he stringently denied. He stepped down as chief executive in 2024, handing over control to James Arrow, then its chief operating officer. Mr Arrow left BrewDog after less than a year in post and was replaced by Mr Taylor, a former fashion industry executive, who has overseen a major rebrand of the company's beers and hopes to restore faith in the company. Further criticism has been heaped on the decision to sell a stake to the American private equity firm TSG Consumer Partners in 2017, which minted Mr Watt and Mr Dickie as millionaires. The unorthodox deal forced BrewDog to deliver an 18pc compounding return to TSG, which rapidly increases the interest on TSG's shares on an annual basis This is believed to threaten the shareholdings of thousands of 'Equity Punk' retail investors who plied their savings into the brewer as it grew. Asked about this last month, Mr Taylor said: 'I will try and create shareholder value for everybody and what happens in the future in terms of the value of that? Well, quite frankly, it's an academic conversation for the moment.' Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
an hour ago
- Yahoo
Losses balloon at Ovo tycoon's luxury private members club
A luxury private members' club owned by the millionaire founder of Ovo Energy has been hit by ballooning losses since reopening. Stephen Fitzpatrick's Kensington Roof Gardens plunged £26m into the red in the 12 months to December, according to new filings, up from losses of just £6.6m the year prior. The scale of the losses reflects the challenge facing Mr Fitzpatrick in making a success of the exclusive club, which he reopened in July last year. Owned by Sir Richard Branson until 2018, Kensington Roof Gardens has an illustrious history as a west London party venue and was once home to a flock of pink flamingos. To safeguard the company's balance sheet, Mr Fitzpatrick, a Belfast-born City trader, recently secured a £15m loan from a Tel Aviv-based investment fund that is subject to a punishing 17.5pc interest rate. This is expected to see the company through to May 2026. It has already sparked more than £3m in debt interest costs. Total revenues hit £4.3m in 2024, bolstered by charging customers an annual membership fee of £2,500 a year. This falls to £700 for under-32s. As well as securing a £15m loan, Mr Fitzpatrick also extended £29m to Kensington Roof Gardens through his own investment vehicle, Imagination Industries. Similar loans had previously sparked scrutiny because they were made when Imagination Industries was also the owner of Ovo, Britain's fourth biggest energy supplier. This led to Mr Fitzpatrick being hauled before MPs in 2022, as they urged him to 'open the books' after grilling him over £40m worth of intercompany loans. Ovo, which is currently said to be in merger talks with Scottish Power, has since cut ties with its former parent group. However, Mr Fitzpatrick is the ultimate owner of each of these businesses, which form part of his sprawling business empire. He was also formerly the largest shareholder in Bristol-based flying taxi business Vertical Aerospace but lost control late last year as part of an emergency refinancing deal. He also owned the Formula 1 Manor Racing Team before it collapsed in 2017. The roof gardens were built in 1938 and were bought by Sir Richard in 1981. During his tenure, the private club was a celebrity hotspot frequented by the likes of Freddie Mercury, Kate Moss and Madonna. Kensington Roof Gardens was contacted for comment. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Mirror and Express targeted for takeover that would sack a third of journalists
The Mirror and Express newspapers are being targeted for a cost-cutting takeover that would result in more than 850 journalists losing their jobs. Documents seen by The Telegraph show that veteran newspaper executive David Montgomery is reviving a swoop on Reach that would allow the 76-year-old to wield the axe in a programme of 'radical' cost-cutting at the publisher. It is also behind scores of regional titles including the Manchester Evening News and Liverpool Echo, as well as the OK! celebrity gossip brand. The £400m plan, dubbed 'Project Glass', includes a proposal to slash more than 850 journalists – more than a third of Reach's editorial workforce of 2,300 – and 100 employees in printing and production. In an unfinished draft of a presentation to investors backers, Mr Montgomery signals plans to lean more heavily on artificial intelligence instead, via 'automated content gathering'. Further cuts would be implemented in back office functions including HR and finance, while Reach's commercial headcount would be increased by 40 roles. Other plans outlined in Project Glass include 'sweating' the group's declining print newspaper titles, restructuring and ring-fencing its costly pension deficit, and embarking on an acquisition spree of other news brands. Another mooted £100m acquisition target is Yell, the digital marketing and online directory business that was spun out of the Yellow Pages in 1996. It comes less than three years after Mr Montgomery, long ago nicknamed 'Rommel' by journalists on the grounds that 'Montgomery was on our side', mounted an unsuccessful takeover bid for Reach, which owns a stable of regional titles including the Manchester Evening News and Liverpool Echo. That approach came via National World, the local newspaper group he led at the time. However, the veteran executive was ousted from National World this year after being defeated in a power struggle with Malcolm Denmark, the Irish newspaper tycoon and racehorse owner. Mr Denmark, who was National World's largest shareholder, has now taken it private. Alongside that row, Mr Montgomery mounted an unsuccessful bid for The Telegraph. He was in discussions with Todd Boehly, the chairman of Chelsea Football Club, over a complex transaction that would have used National World as a vehicle for the deal. Mr Boehly has experience as an entertainment industry publisher via his shareholding in the company behind The Hollywood Reporter and Rolling Stone. Mr Montgomery's presentation claims the backers of his Telegraph bid are ready to help bankroll a takeover of Reach with £250m of equity, alongside £150m of debt. Eldridge Industries, Mr Boehly's investment firm, was contacted for comment. Mr Montgomery may also seek to use his own cash following the £65m buyout of National World, which owns The Scotsman and The Yorkshire Post. He held a stake of 7pc, putting him in line for around £4.5m. His latest comeback bid comes at a torrid time for Reach, which has been left chasing dwindling advertising revenues amid a sluggish transition to the digital age. The company last month said it would begin trialling a paywall across its titles amid fears new Google AI tools will dent reader numbers. Reach has slashed hundreds of jobs in recent years in successive rounds of job cuts that have bruised staff morale. It has also faced criticism for its 'clickbait' stories and the deluge of adverts flooding its websites. The company's share price has declined by more than a third this year, leaving its market value at around £220m – a fraction of its £5bn peak in 2005. In the documents, Mr Montgomery criticises Reach's 'underperforming business', saying the circulation of its print newspapers – which still account for more than half of overall revenues – was dropping at a faster rate than those of rivals such as the Daily Mail. He also takes aim at Reach bosses, saying the company's 'pattern of decline has not been met with a tactical or creative response' and that acquisitions and pension top-ups worth more than £1bn over the last decade have 'all been squandered by lack of any organic plan'. Jim Mullen, the former gambling executive who oversaw more than 800 job cuts during his tenure, stepped down as chief executive of Reach earlier this year. He was replaced by Piers North, a former journalist who joined the company in 2014. Mr Montgomery claims his programme of heavy cost-cutting would save £65m per year and help increase profits by 50pc. He outlined plans to boost revenue by transforming Reach into a new digital marketing services giant – a move that he says would generate £200m in new revenues in four years. The strategy also includes a plan to expand Reach's events offering, based on the Pride of Britain brand, and generate half a million subscribers paying £5.99 a month by the end of 2027. Mr Montgomery began his career as a journalist and rose to become the editor of the News of the World before leading Mirror Group Newspapers. He established a foothold in UK regional newspapers in 2012 with the establishment of Local World, which he sold to Reach – then known as Trinity Mirror – three years later. Mr Montgomery then formed National World after snapping up titles from collapsed publisher JPI Media. Mr Montgomery and Reach were contacted for comment. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more. Sign in to access your portfolio