The Oxton Lofts - 12 Bed HMO

Our biggest deal to date, transforming an unloved block of flats into a 12 bedroom HMO. We completed this project in August 2021 having undergone an extensive scheme of refurbishment. This was the deal that enabled Rosie to leave her day job. Now fully tenanted and remortgaged this deal gives an ROI of 171%. 

The numbers:

Purchase Price: £172,500

Refurb: £210,000

Fees: £47,500

Remortgage Value: £550,000

Monthly Profit: £2,500

 

modern kitchen

modern kitchen

common room

common room

bedroom

bedroom

bath

bath

luxurious bedroom

luxurious bedroom

loft

loft

bright room

bright room

toilet and bath

toilet and bath

television

television

kitchen

kitchen