Good evening everyone! I thought this may be worth looking
into for our investors focused on high yields. Recently posted by Haart, this 5
bed, town centre HMO could well be worth enquiring about! Many investors I
am advising are asking me, in a market where prices seem to be sky rocketing
daily, how to source property boasting yields above the average 4.5%? One of
the simplest options is HMO's (in a good location and at the right
price!). This certainly ticks the former but with a Price on Application
the only way to find out the latter would be to give our friends at Haart a call!
If you can pick this one up in the early £400k's without
much work being required, this could well be worth a shot with yields around
7.5% based on a purchase price of £400k.
Be cautious! I hear many horror stories and bad experiences
regarding HMOs's daily, but as an investor with a portfolio of
successful HMO's myself I, naturally, have learned from mistakes in
the early days, costly ones too! If you want any advice or assistance
on how to succesfully invest using this strategy, or even if you already have
and want to know if there is anything you can do to turn a failing HMO into a
simple and profitable investment, please get in touch
duncan@primequarters.co.uk
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