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HMO INVESTMENT & DEVELOPMENT

 "Once your HMO is ready to be rented, effective marketing and tenant management are key to ensuring high occupancy rates and optimal rental income" 

Investing in or developing an HMO requires a comprehensive understanding of both market conditions and regulatory frameworks. Here’s how we can guide you through the process:

 

Feasibility Studies: Before committing to an HMO development, it’s crucial to conduct a feasibility study that assesses the potential costs, returns, and regulatory considerations. This includes reviewing and analysing local demand for shared housing, potential rental yields, and capital growth projections.

 

Regulatory Compliance: HMOs are heavily regulated, and failure to comply with standards can lead to significant penalties. We can help ensure that your HMO meets all local council requirements, including fire safety standards, minimum room sizes, and amenity standards as dictated by the Housing Act (2004).

 

Project Management: From property acquisition to renovation and tenant placement, managing an HMO development project requires meticulous attention to detail. We offer comprehensive project management services that cover all aspects of HMO development, ensuring projects are completed on time, within budget, and to the highest standards.

 

Marketing and Tenant Management: Once your HMO is ready to be rented, effective marketing and tenant management are key to ensuring high occupancy rates and optimal rental income. We handle marketing across multiple channels, conduct tenant screenings, and manage ongoing tenant relations and maintenance issues.

 

For landlords looking to venture into HMO investment or development, we provide expert guidance and comprehensive management services to ensure your project is successful and profitable. To learn more about how we can assist with your HMO development or investment, please schedule a free consultation via our online calendar. CLICK HERE to book a call

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