How Could One Expect a HMO Property To Be Brick & Mortar Valued?
Maybe it is me, but I had this question posed twice this week. Will your Social HMO which is on no voids..no management and virtually all maintenance be valued at brick and mortar? Did they even take into context the cost of changing a terraced house into a 4 or 5 bed HMO?
It costs us anywhere between 20k to 35k depending on condition of the property. Let alone furnishing and having to the standards that the service providers of Social housing will accept.
I would think these are simply newbie questions?