Tuesday, 28 November 2017

Completed Professional HMO in Birmingham

This is the completed HMO that was purchased 3 months ago. It is an HMO's (Multilets) in a prime location in the Birmingham. This a Joint Venture with a local developer from Birmingham.
We will spend around £35,000 doing a major refurb, This will be a 8 person HMO for young professionals.

We will get around £3,000 per month rent. The costs will be around £1300 per month leaving a net profit of £1700 per month.

If you want to know more about the project or get involved in similar projects, please drop me a line on dav@mpinvestments.co.uk

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