Four-bed Boutique Style HMO.
Ann old-fashioned two-bed terrace converted into a four-bed HMO right in St Helens town centre.
To stay ahead of the curve in the ever-growing HMO market, we spent time considering the internal decoration and finish, choosing options which would look great and have that slight edge, whilst also being budget efficient to maximise our ROI.
St Helens is a smaller town than our other investment areas and so naturally, a lower demand for rooms. We therefore ran our initial figures on an 80% occupancy rate. However, we achieved a great result since all four rooms were taken in the first few weeks of being on the market, demonstrating that the extra effort made for the interior finish was worthwhile.
Commercial Overview
Refinanced within 1 year of ownership to release equity, resulting in a 40%+ ROI.
After
Before
