This property went from neglected and boarded up to clean, secure, and inviting. We replaced all windows and doors with brand-new fittings and transformed the exterior with a full clean-up, restoring kerb appeal and adding real value.
The room was initially bare, with just laminate flooring and no features. After our transformation, we added sleek wall panelling, cosy carpeting, and furnished the space with a comfortable bed, wardrobes, and stylish décor, creating a modern, inviting bedroom ready for tenants.
The old bathroom featured dated tiling and worn-out fixtures. We completely refreshed the space with brand-new tiles, a modern floor, and upgraded bathroom appliances, including a sleek shower, toilet, and basins, creating a fresh, functional, and stylish bathroom.
Full Property Transformation
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This 7-bed, 6-bath property is now leased to a national housing association on a 6 year, 11 month contract. By adding en-suites and kitchenettes to the rooms, we are able to achieve the self-contained LHA rate plus 10%, creating a much higher than normal income when compared to the shared rate, or private market.
Our HMOs are future-proof with all the latest compliance standards met, bedrooms all above the minimum space standards for double rooms, and beautiful fittings throughout. Social housing rarely sees such great specifications, and we are committed to improving the sector and providing safe, comfortable spaces for the residents to thrive.
Additionally, we see a higher end valuation provided on refinance through the combination of quality of finish and strength of the lease and rents. This means the investor ultimately leaves less money invested in the project after refinance whilst still receiving a very high net income.
