Refurbishing for Social HMOs are not for the faint of heart.

Refurbishing for Social HMOs are not for the faint of heart.

Refurbishing for Social HMOs are not for the faint of heart. All along there are inspections from building regs to council to the housing provider. Many builders who have done professional hmos and even DHA try to do these social housing hmos and fail. Others are delayed for 6 months or longer. We have been doing this since 2014 and every property has it’s challenges. This particular property was in horrendous situation. It will be a 6 bed. This property will net us £23,400. Once in a while we find unbelievable deals. Since this property was so bad we purchased very inexpensively. This might be one of the most profitable deals we have ever done.

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#hongkong

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#socialhousing

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