A potential HMO property in Nuneaton could give you a 12.8% yield!

bracebridge

One of our Nuneaton landlords came into see us yesterday and we got talking about the HMO property that we manage for him and he asked us our thoughts on investing further in another property which he could into a HMO.

People have mixed feelings about HMO properties most negative points seem to be around the type of tenants it would attract and  void periods that may come up- all valid thoughts, but having managed several HMO’S over the years we have found them to be very popular in the Nuneaton area and have always attracted good, clean respectful working tenants.

There are HMO owners who are happy to pass the rooms onto local re-housing organisations or the council, and in some of these instances I’m sure the outcome hasn’t been as great as what the landlord expected, however by giving it to an agency to fully manage or even tenant find for you, you can overcome such outcomes thanks to relevant credit and referencing checks of the applicant thereby making the experience a lot more pleasurable and profitable!

The house I found this morning is a 2 bedroom, 2 reception room mid terrace on Bracebridge Street- on the market with pointons at a guide price of £97,950- with a side entry front door making it perfect for a conversion into a 4 roomed HMO. With a house like this  the best idea would be to turn each room into its own self contained room/kitchen and make the bathroom a communal area. That said, you’d need around £20,000 in order to set this up and do the work needed in each room- so say you got the property for £98,000 and spent £20,000 fixing it up to HMO standard,  you could then rent each room for £80-£85 a week including bills (install electric meters in each room for the tenant to top up for their own use) you would be looking at a yield of around 13%. This in my mind outweighs the cons as like i’ve said- I know how to minimise the void periods as well as attract that ‘good tenant’.

http://www.zoopla.co.uk/for-sale/details/40969580

So if this is something you are considering, please feel free to get in touch on 02477 674545 and I can share my knowledge with you.

218 thoughts on “A potential HMO property in Nuneaton could give you a 12.8% yield!

  1. Pingback: venus factor
  2. Pingback: auto transport
  3. Pingback: Trisha
  4. Pingback: chat with singles
  5. Pingback: para para dinle
  6. Pingback: joe de saram
  7. Pingback: joe de saram
  8. Pingback: rhodium
  9. Pingback: sfeerhaard kopen
  10. Pingback: Sandra balan
  11. Pingback: kondom er i et
  12. Pingback: M88
  13. Pingback: arnaque serrurier
  14. Pingback: britlock locksmith
  15. Pingback: Drive with Uber
  16. Pingback: apps
  17. Pingback: 100 layer acrylic
  18. Pingback: Hindi Sex Story
  19. Pingback: Bilskrot Göteborg
  20. Pingback: Bilskrot Göteborg
  21. Pingback: trump
  22. Pingback: m88 lua dao
  23. Pingback: this site
  24. Pingback: 实验设计
  25. Pingback: sol partners curry
  26. Pingback: mark curry
  27. Pingback: check it out
  28. Pingback: motupatlugames
  29. Pingback: buy backlinks
  30. Pingback: Site hotxxmom com
  31. Pingback: Web alipornx com
  32. Pingback: Source orfkuban ru
  33. Pingback: xxvidos mobi
  34. Pingback: Website hh-tube ru
  35. Pingback: See site iztube ru
  36. Pingback: casinos california
  37. Pingback: homepage
  38. Pingback: credits.us.org
  39. Pingback: Stephaine Chalfant
  40. Pingback: Stance socks
  41. Pingback: 2018-2019
  42. Pingback: Layarkaca21
  43. Pingback: Demeter Fertility
  44. Pingback: poker online
  45. Pingback: 2019
  46. Pingback: 123Movies
  47. Pingback: jasa view youtube
  48. Pingback: SAT
  49. Pingback: Cheap Jordan Shoes
  50. Pingback: oslo
  51. Pingback: wildlife removal
  52. Pingback: 123Movies
  53. Pingback: dijital ajans
  54. Pingback: 123Movies
  55. Pingback: Roxanne Hurlock
  56. Pingback: retro 11 gold
  57. Pingback: Ben Marks
  58. Pingback: LV
  59. Pingback: Jasa Youtube
  60. Pingback: iPad Repair
  61. Pingback: javsearch.mobi
  62. Pingback: pornhub
  63. Pingback: teen porn
  64. Pingback: Alexander
  65. Pingback: dragkrok
  66. Pingback: UrbanFiction
  67. Pingback: Shanta Shaddix
  68. Pingback: dark forest
  69. Pingback: hepsibahis mobil
  70. Pingback: lucky patcher
  71. Pingback: plumbers near me
  72. Pingback: amateur porn
  73. Pingback: closing hours
  74. Pingback: new year template
  75. Pingback: scrotum
  76. Pingback: jual subscriber
  77. Pingback: Parallel Profits
  78. Pingback: cialis
  79. Pingback: smm panel
  80. Pingback: Ben Marks
  81. Pingback: Roxanne Hurlock
  82. Pingback: dubai
  83. Pingback: door coat hanger
  84. Pingback: Bokep Online
  85. Pingback: Incest porn videos

Comments are closed.