Not the easiest refurbishment the builders are working on. We have brought this property back to the brick in order to make it a 6 bed social Hmo project and outside of Manchester. We are focusing on some bigger projects as each property can generate net £20000 a year with no voids no management and maintenance covered unless structural. We are looking to buy semis as they are always in demand and in short supply. We get a very solid rent for 10 years with the govt backed contract and hope for some price appreciation after 10 years. Great way to compound money safely.
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