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Recent news and updatesBefore and after photos of this social HMO
Before and after photos of this social HMO. This is a big one. It is 6 beds. It nets us £23,400 a year with no voids, no management and all maintenance covered unless structural. This property had to be in one of the worst conditions on purchase. You name it, one...
read moreLove seeing WHITE!
As my wife says, Love seeing WHITE! This means this social housing project is almost ready. Carpets our going in after Eid al-Fitr. Just sat at lunch with my wife admiring what a wonderful kitchen the lads put in. This will make the social housing tenants feel really...
read moreThese are typical before and after photos of a recent 4 bed social HMO
These are typical before and after photos of a recent 4 bed social HMO These are typical before and after photos of a recent 4 bed social HMO outside of Manchester. This property was not liveable! We brought it back from the brick to a new social housing HMO with a 7...
read moreSpeeding up refurbishments of our Social Housing HMOs
We have been working on our process to speed up refurbishments of our Social Housing HMOs. This increases our net returns as we have now gotten to the stage that in most cases we can turn over a 4 bed Social HMO now in 4 weeks with total refurbishment. This means we...
read more2 Offers Accepted on Social Housing HMOs Today
Today we had 2 offers accepted. We will get through legals and one of the build teams will take each project. Both will be 4 bed Social HMOs. The great news LHA rates are going up in April and our housing partner will most likely raise rents in parallel. This is...
read moreFinal Inspections on this 4 Bed Social Housing Today!!!
Today we will start having inspections on this 4 bed Social HMO outside of Manchester. There will be a fire assessment, building regs, potentially a council inspection and the service provider. This makes us feel secure that the property was completed to a high...
read moreWhy Semis for Social Housing
We do Semis and we do terraced properties for Social Housing. We purchased numerous semis in an area outside of Manchester as we felt they were under valued. We think we have learned our lesson as we purchased properties in Salford, made them Social HMOs. We sold the...
read moreThese are before, during and after a refurbishment of a 5 bed Social HMO outside of Manchester
These are before, during and after a refurbishment of a 5 bed Social HMO outside of Manchester. This property was not habitable. We turned it around,created value and entered a 7 plus 3 year govt backed contract for Social Housing. There are no voids, no maintenance...
read moreUK Housing prices are increasing
UK Housing prices are increasing. UK Inflation along with the world is increasing. Inflation is a wealth destroyer. Property investing provides a bastion of safety against inflation especially in the NW & NE. After all of our families’ experience in property...
read moreThis is a floor plan of a typical 4 bed social housing project
This is a floor plan of a typical 4 bed social housing project. We use the same builders for years. They know the spec, they know the standards demanded by the housing association. The usual turn around is 6 to 8 weeks. From that point going forward we will cash flow...
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