Blog
Recent news and updates
I have 3 Social HMO properties 9% NET or 11% Gross
I have 3 Social HMO properties that are let on a 7 plus 3 year Govt backed contract with no voids, no management and maintenance covered unless structural. I sell these for cash as banks do not like the long leases. I am offering these 3 properties at a net 9% which...
read more
I love seeing white walls and progress on these social HMOs.
I love seeing white walls and progress on these social HMOs. This builder has been with us for 5 years. He has to be one of the fastest and accurate builders we have. Fire doors without gaps and the housing provider repeatedly compliments on the level of his works. We...
read moreWe just finished another Social Housing HMO on Friday.
We just finished another Social Housing HMO on Friday. This one is a 4 bed in Virgil Street, St. Helens, WA10 4HE. It will net us £1213 a month net with no voids, no management and maintenance covered unless structural. We will shortly receive a 7 plus 3 year govt...
read more
I have 41 beds on 9 Social HMO properties that are on 7 plus 3 year Govt backed leases.
I have 41 beds on 9 Social HMO properties that are on 7 plus 3 year Govt backed leases. No voids, no management and maintenance covered unless structural. Almost £150,000 a year net. Looking to sell one or all. Open to realistic offers. CASH ONLY as banks do not like...
read more
Putting in extensions on properties increases the value of them- especially social housing
We do this on our social housing hmo properties at times. In this instance we are doing a 6 bed outside of Manchester and we are adding an extension. Yes it costs another 10k but it will enable us to meet building regs and HMO regulations. The ROI is great. This...
read more
Getting ready for carpets on this 4 bed Social Housing HMO outside of Manchester.
Getting ready for carpets on this 4 bed Social Housing HMO outside of Manchester. All internal works completed. Fire doors installed and double checked. All white goods scheduled for delivery. Hopefully by the beginning of next week carpets installed, white goods...
read moreFinal walk through on this 4 bed social HMO
Final walk through on this 4 bed social HMO. This property will be on a 7 plus 3 year contract with no voids, no management and maintenance covered unless structural. We have a pipeline of these properties. We have 6 under refurbishment at the moment and 10 in legals....
read more
Talk about a rip out on this Social HMO.
Talk about a rip out. We bought this property 2 days ago and the lads are out on site stripping it out. The lads are busy with EVERYTHING. We are hoping that this project will be completed in 5 weeks and on to the next. Soon to be ready with the joiners to build out...
read moreWe purchased this Social Housing property on Tuesday and rip out started on Weds.
We purchased this property on Tuesday and rip out started on Weds. The nature of our business is very unique as we turn around outdated unliveable properties into social housing which helps the community and those most in need. This property will be a 4 bed social...
read moreThis is a social housing project nearing completion.
This is a social housing project nearing completion. I love seeing the white walls which signifies the end of the refurbishment. Carpets, white goods and fire signs going in hopefully Friday and over the weekend the lads will work on the snagging list which hopefully...
read moreget in touch