Strategic Investment Approach
Originally procured through auction as a 3-bedroom property with 2 reception rooms, our Middlesbrough investment underwent a purposeful transformation to cater specifically to students. One reception room was creatively converted into an additional room, elevating the property to a 4-bed student HMO.
Tailored for Students: The conversion of one reception room not only increased rentable rooms but also enhanced the property’s appeal for students seeking affordable, quality housing.
In-depth research of the locality allowed us to align the property with the specific needs of students, ensuring its popularity and maximizing returns for our investors.
Occupancy Success and Student-Friendly Finish
Our commitment to a high-quality finish has resulted in consistent student occupancy over the last few years Light colours mixed with depth create a modern, industrial ambiance tailored to the preferences of contemporary students.
Light colours mixed with depth create a modern, industrial ambiance tailored to the preferences of contemporary students.
Renovation Highlights
- Back to Brick
- New Central Heating System
- New Electrics
- New Bathrooms
- New Kitchen
Headline Figures
- Purchase Price: £25,000
- Cost of Works: £20,000
- GDV: £70,000
- Annual Rental Income: £11,400
