Moseley, Birmingham
Bought in an auction right after the Brexit referendum, this large family house was converted into a six-bed licensed HMO. Afterward, we successfully gained planning permission for a large HMO (Sui Generis use).
The property is located in the ‘trendy’ and vibrant town of Moseley, which was voted ‘best place in the UK for city living’ ahead of Muswell Hill and Mayfair by Sunday Times in 2015.
The HMO continues to deliver a steady stream of income to company directors and shareholders and reflects an excellent return on investment. The ROI is unlimited as all money invested was pulled out at the time of refinance – thanks to ‘wise’ purchase price and added value through a thought through scheme of refurbishment. The property generates a gross rental income of £45,000 p.a.
Wakegreen Road
Moseley, Birmingham
Bought in an auction right after the Brexit referendum, this large family house was converted into a six-bed licensed HMO. Afterward, we successfully gained planning permission for a large HMO (Sui Generis use).
The property is located in the ‘trendy’ and vibrant town of Moseley, which was voted ‘best place in the UK for city living’ ahead of Muswell Hill and Mayfair by Sunday Times in 2015.
The HMO continues to deliver a steady stream of income to company directors and shareholders and reflects an excellent return on investment. The ROI is unlimited as all money invested was pulled out at the time of refinance – thanks to ‘wise’ purchase price and added value through a thought through scheme of refurbishment. The property generates a gross rental income of £45,000 p.a.
Key Features
Planning Gain – C4 to Sui Generis
Producing £45,000 PA
Infinite ROI as All Money Pulled Out at Refinance Stage
Strong Location of Mosely, Birmingham an Article-4 area
Finished Product
Key Features
Planning Gain – C4 to Sui Generis
Producing £45,000 PA
Infinite ROI as All Money Pulled Out at Refinance Stage
Strong Location of Mosely, Birmingham an Article-4 area
Finished Product
New photos
New photos
