5 Bed 5 Bath HMO
L7 is an article 4 area in Liverpool, This means new HMO developments are not usually possible due to saturation in the market a license approval wouldn't normally be feasible.
We purchased a semi-detached property currently divided into 2 self-contained flats for £70,000. We converted back to one building for a 5 bed all en suite HMO and resold the property for £230,000.
As the address fell within an Article 4 area this property had to stand out so it was built with a unique layout and fantastic design aspect.
5 bed 2 Bath HMO
We purchased a derelict and dilapidated terraced house in L9 area of Liverpool for £45,000. The property required a complete redevelopment as it was completely inhabitable at the time of purchase. We knew prior to purchase the local market was crying out for a budget-friendly but modern HMO solution.
After long discussions with our architect, we had a clear plan for a double extension and a complete overhaul of interior walls to help us to achieve 5 great bedrooms and 2 generous bathrooms
Once completed we were able to refinance the investment after a valuation of £165,000 and completely recycle all of our cash outlay.
Our figures speak for themselves, We know what we are doing and how to do it. But we are not perfect, We have made mistakes, Coming on board with us in any capacity means you will learn from our mistakes and more importantly how we make sure we don't make them again
We live work and socialise in the Northwest. We love living here and we like to think we know every nook and cranny. We can be at any property or development site within 45 minutes. There isn't a problem we cant sort and if one is to come along we WILL know someone who can sort it.
Any developer can say they can source or develop an HMO but we do this every day. and it's not easy, from Planning approval to compliance and tenanting we have been there and done it many many times. We are HMO landlords so we know what works where and what is needed to get to that end product.
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