Social Housing HMO Manchester Finishing Up

This Social Housing HMO in Manchester has taken slightly more than 5 weeks now. Next week decorators are coming in along with carpets and blinds. This property was inspected  by the authorities early last week to make sure of all electrical and plumbing issues addressed. We will have a final inspection on Friday of next week. We have to furnish the property as well. On turnover ( Gd willing) this property will generate 11,960 per year. There are no voids..no management…maintenance is covered up to 5,000 per annum.

We have 5 more of these at the solicitors to convey on. We have one really good one, which will be a 6 bed Social Housing HMO. This one will generate 17,940 per year. How many of these do one really need to retire on?