Professional HMO Eccles Salford Refurbishment
We are progressing with this refurbishment project of a professional HMO in Eccles town center. We will probably make this a girls only Professional HMO. We have had many viewings of girls that only want to live with other girls. Actually this was one of the first times this has occurred. What is super cool about this professional HMO in Salford is the loft. This room is rather larger than most of our professional HMO rooms plus an amazing sky light. Can not wait till we finish this project & off to the next. Once tenanted this Professional HMO will generate close to 23,000-25,000 per year. Fantastic returns on investment.
Today we are conveying on another Social Housing HMO. This one is right next to a hospital. Amazing location. We only got this due to our relationship with an estate agent. We have purchased many from her and she offered this property substantially below market value. Once completed this social HMO which will be on a 5 year contract…no voids…no management…and maintenance covered up to 5,000 per year. This property is such a good one, we will keep it ourselves.