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Recent news and updatesFinally after 4 months this Greater Manchester Professional HMO is finished
Finally after 4 months this Greater Manchester Professional HMO is finished and taking final pictures. We gave this property to an agent to manage. We have 5 of these in the pipeline. 3 are under refurbishment with extensions to increase the valuations. We expect...
read moreThese are photos of before and after of a Social Housing HMO in Greater Manchester
These are photos of before and after of a Social Housing HMO in Greater Manchester that is on a 7 plus 3 year Home office lease. No voids, no management and all maintenance covered not structural. This property generates 1300 a month…No utilities to pay…no...
read moreWhat to do with this Professional HMO?
We are in the process of getting ready two Professional HMOs in Greater Manchester. We have 3 in legals. The numbers on this property are as follows… 4 Bed Ensuite Rents blended expected 650 a room 31,200 a year Cost all in 200k Sales price Net 12% –...
read moreSocial housing HMO that we completed in the NW of England
This is a walk through of another social housing HMO that we completed in the NW of England. It is on a 7 plus 3 year Home office backed contract. No voids, no management and all maintenance other that structural is covered. There is a vast shortage of social housing....
read moreAdding value to our Professional HMOs by adding extensions
As I have mentioned previously, we have been adding value to our Professional HMOs by adding extensions. We are in the process of doing two extensions our on Greater Manchester Professional HMOs. Each of the rooms are ensuites. Ensuites rent from approx 650 to 700 a...
read moreIn order to succeed in property is to systemize.
In order to succeed in property is to systemize. This is what we do. We use the same suppliers, which many times is Amazon. We buy paint, delivered the next day, furnishings and accessories to decorate the ensuite bedrooms. We focus on Greater Manchester where we can...
read moreWhy Buying Tenanted Cash Flowing Properties is worthwhile
Why Now Is the Time to Buy Ready-Made HMOs The HMO market has evolved. What used to be a developer’s playground is now a more complex landscape shaped by regulation, rising costs, and changing investor needs. But here’s the good news: ready-made HMOs are emerging as...
read moreWe have two extensions in progress on our professional HMOs in Manchester.
We have two extensions in progress on our professional HMOs in Manchester. Adding an extension increases the value of the property and increases the rents by adding another room. Actually the room will be another large ensuite. Large ensuites in Manchester add another...
read moreThis is the progress of this 5 bed Professional HMO in Greater Manchester.
This is the progress of this 5 bed Professional HMO in Greater Manchester. We are also doing an extension in this property. As mentioned, doing extensions and lofts add value and added rents. We are assuming £650 a room or £39,000 a year. This brings the value to...
read moreWe still have to dress the property but we are making progress!!
We still have to dress the property but we are making progress. Every Professional HMO is copy and paste. This lets it be a systematic process. We are doing an extension on this property and can not start viewings until the extension is completed. We have hopefully...
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