New Professional 5 Bed HMO Doncaster £24,000 per Annum
We are in the finishing stages of another Professional HMO in Doncaster. This is a 5 bed that generates approx £24,000 per year. Why Doncaster, one word…AMAZON! Amazon has massive distribution center in Doncaster. There are thousands of thousands of employees even with the employees that are robots…haha.
We make all of these Professional HMO rooms as ensuites. The reason of ensuites is that the tenants stay longer. Staying longer in professional HMOs means less drama and less headaches. More so we do them to a high standard thus less maintenance. All of these less….mean more…more profits…and more time to spend with our families. We recently sold a nearby Professional HMO to a London investor. We are starting to tenant next week and then this one is up for sale. We love the model….we cash flow as we have the property on the market to sell to a HMO property investor. On the last several we sold the buyers got 70% financing.
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