Victorian House for Social Housing
We just conveyed on this property in Cumbria. We have never purchased a Victorian property. It even has a proper name and not just a house number. We will be converting this jewel into a 5 bed HMO. It will generate net to us or one of our eventual buyers close to 20k a year without any voids, no management and all maintenance covered unless structural. This is perfect for us as we are always busy refurbishing as well as for an investor who wants solid returns and to protect their net worth against inflation.
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