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Recent news and updatesLooking for Sourcers to Sell Social HMOs
Looking for Sourcers especially in Hong Kong who can sell our Social HMO projects. We are direct. You can add on, charge a sourcing fee or a combination of both. We have special prices for sourcers. This is an example of a 6 BED Social HMO I have for sale. UK Property...
read moreUnexpected Costs at times during refurbishment
Many times during refurbishment we discover we need to do more works than expected in our preparation of Social Housing. This property is just one example in which we needed to do extensive works in the basement. However we will not overly exceed our budget too much....
read moreThe builders are all busy with Refurbishments on these Social HMOs
The builders are all busy. Yes it is vacation time but these guys are running full steam. We have 7 social housing projects going on. Some are near completion and waiting for inspection & sign off whilst others are under total refurbishment. Once completed these...
read moreInterest were reduced today our Rental Yields went up to 9%
Interest were reduced today. First time in 4 years. Your cash in the bank is being devalued. Instead of 5% at the bank, how about 9% where you own a Social housing HMO with a Govt 7 plus 3 year contract with no voids, no management and all maintenance covered unless...
read morePhotos from Friday on this 5 bed Social HMO
These are photos from Friday on this 5 bed Social HMO outside of Manchester coming close to completion. We are just waiting on all the inspections from the council, building regs, housing provider and fire assessment. After passing all inspections we will net yearly...
read moreWe have 7 Social HMOs going on at the moment
We have 7 Social HMOs going on at the moment. Some that we purchased were in the most dilapidated state. This did not deter us as we bring these properties back to the brick. This particular property started 6 weeks ago and is on schedule to be completed in the next...
read moreSignoff on 5 BED Social HMO Manchester
Trying to get this 5 bed social housing hmo finished and ready for Friday inspections. We are aiming to have a council inspection, housing association inspection, building regs and the fire assessment all completed by Friday. Furniture and carpets are going in today....
read more5 BED Social HMO in the NW of England generating net rents of £19,500
This is an update on a 5 BED Social HMO in the NW of England generating net rents of £19,500. We put in the furniture, carpets and white goods. Having this week fire inspections, Council inspection and Housing provider inspection. Upon passing all inspections we will...
read moreThis is another 5 bed Social HMO with the refurbishment coming to conclusion
This is another 5 bed Social HMO with the refurbishment coming to conclusion. We ordered the carpets and white goods today. Probably mid next week this property will be inspected by the council, building regs as well as having a fire assessment. All these eyes on the...
read moreBefore and After pictures of one of our Social Housing HMO renovation projects
Before and After pictures of one of our Social Housing HMO renovation projects. You can see that this property was in a horrid state. We take it back to the brick. We put in a damp course. No electrics, new plumbing…new everything. We are turning around a...
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