Getting another social Hmo over the line. This is a 6 bed that we generate net rents of £20280. We bought this property for 135k and is a semi in a very orientated area outside of Manchester. We invested close to £50k with everything to achieve the spec the social housing provider requires. This will be a net 10.96%. The key point this is net. No interaction with the tenants. No voids no management and maintenance covered unless structural. Always looking for investors who want these investments or those who want to learn more.
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