We just conveyed on this 4 bed social housing HMO. It is in a great location almost adjacent to a hospital. Due to our relationship with an agent, we bought this property off market. We purchased extremely below market value. Yes the property needs work, but this is exactly what our builders do. They take tired, ugly houses and turn them around and we help society with a safe and secure HMO property for social housing. This property will be very profitable as it will generate every year on a 5 year contract 11,960 with no management…no voids…and maintenance covered up to 5,000 per annum.
Got to love this house…
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