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                                        HMO Development                                        

Do you want…

• Good return on your investment?
• High quality property?
• A stress free process managed by professional and experienced consultants?
• A solid and virtually recession proof investment?
• Good capital gains?

What we will do for you

• Source the correct property prime for conversion.
• Negotiate the best deal on your behalf with the selling agent
• Liaise with architects and planning offices to design house to best possible layout.
• Instruct our team of high quality builders to carry out the project.
• Project manage and oversee the development from start to finish, providing regular updates and progression photo’s to you.
• Create a detailed video inventory of the entire property.
• Secure a group of suitable students/tenants.
• Manage the duration of the tenancy.

THE FIGURES - BASED ON A 7 BED HMO

• Average purchase price of the property is £160,000.
• Average renovation cost is £80,000
• Giving a total outlay of £240,000
• Potential value of finished property up to £300,000 giving a large profit.
• Year 1 rental return would be £300 x 7 x 11 = £23,100 giving a yield of around 9.6%.
• Year 2 rental return would be £325 x 7 x 11 = £25,025 giving a yield of around 10%.



         

For further information you can contact: [email protected] ________________________________________________________________________________________________________