by Ruti Avraham | Apr 16, 2024 | HMO
This is a walk through of this 4 bed Social HMO. It is almost finished in less than 1 month. This means we will be cash flowing £14,144 net a year with no voids, no management and all maintenance covered unless structural. Once completed we will get a 7 plus 3 year...
by Ruti Avraham | Apr 11, 2024 | HMO
Before and after photos of this social HMO. This is a big one. It is 6 beds. It nets us £23,400 a year with no voids, no management and all maintenance covered unless structural. This property had to be in one of the worst conditions on purchase. You name it, one...
by Ruti Avraham | Mar 15, 2024 | HMO
Today we had 2 offers accepted. We will get through legals and one of the build teams will take each project. Both will be 4 bed Social HMOs. The great news LHA rates are going up in April and our housing partner will most likely raise rents in parallel. This is...
by Ruti Avraham | Mar 14, 2024 | HMO
We do Semis and we do terraced properties for Social Housing. We purchased numerous semis in an area outside of Manchester as we felt they were under valued. We think we have learned our lesson as we purchased properties in Salford, made them Social HMOs. We sold the...