We are just finishing another 4 bed Social HMO now in Carlisle in Cumbria UK. This property is our son’s. He is building his portfolio of these properties. He is actually buying another one today which is a 5 bed social HMO. The 4 bed that is going through inspections today £15,600 and the 5 bed once completed and passed all inspections will net £19,500. Not bad for a 30 year. Add this to his regular income, he is compounding his way to wealth. We speak to alot of investors over the year. So many either do not have the cash as banks do not like the long leases, over think the lease, do not end up liking the tenant profile or simply can not make a decision. Most of our families money is in these properties as we feel it is the safest vehicle. We have a govt backed contract, we have bricks and mortar and no leverage. These houses are fully redone from when they were built 100 years ago. Recessions, Depressions, bank crashes do not effect these. Contact me for more information.
#ukpropertyinvestment
#ukproperty
#hongkong
#propertyinvestment
#properties
#socialhousing
#sourcingagent
#sourcingspecialist
Recent Comments