Managing the maintenance of HMO’s is very different from a single let. Aside from the obvious, that there are multiple people letting the property at once, there are also factors such as the tenancy period tending to be shorter, and wear on the property fixtures...
Things have been evolving quite quickly over the last month. We have re-evaluated the project as we now have a blank canvas and believe that developing into the loft is desirable to increase the income and valuation. This does mean we will have to go back...
More good and bad news this week as my ugly duckling makes its way onto the market. It is even more ugly having had 14 skips of waste taken out and it is now back to brick with no electric, ceiling, kitchen or bathrooms. The water...
Video - Come and Take a Look Inside the 'Ugly Duckling' My previous blog has, I hope, given you some insight into my investment strategy in purchasing a property which, while ugly, I believe is going to offer me great returns in the way of rental...
Why WiFi is so important to tenants Having spent 20 years working in IT and being involved in many large and complex WiFi installations I thought I would share what I see wrong in WiFi installations in HMOs and what to do about it. For tenants, WiFi...
Should I Invest in Single Let or Multi-let Property? When considering your property investment options, it can be difficult to choose how you wish to proceed. Are you better to take on an apartment or house? Should you look to offer a single let, or consider...
Make Money By Investing In an Ugly duckling I have just purchased a four-bed end of terrace house for £148k and it is a real ugly duckling. It is not really even below market value especially considering the problems this property has. As ducklings go, this...
Consider the Target Tenant Type for your HMO The refurbishment standard should be aimed at the market you are delivering the product for so, for instance, a LHA tenant’s needs may be different than those of working professional, or someone looking for a boutique HMO....
At nearly 50 years old it has been a long time since I have lived in a house with a shared bathroom. However, this week I will be taking on the challenge of living within an HMO myself, with a view to really understanding what factors...