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Would any experienced HMO owners be kind enough to let me ask a few questions about furniture and furnishings. I'm seeking to establish a nice comfortable HMO with the emphasis on quality where possible and I'm aiming at room prices of between £400 - £450 per month (One large en-suite may be £500) so not high end but affordable and decent value for money
So far the best advice seems to be to go to Ikea and get everything that's required from there, is this good advice?
What would be considered the fundamentals that are required per bedroom and are both a chest of drawers and a wardrobe both fundamental items that are both needed and does it make any difference as to it being a room for a gentleman or lady?
One thing that I've become aware of is that a frequent source of complaint from tenants of hotels and guest houses are the poor quality of mattresses so does anybody have a suggestion as to the minimum quality standard of mattress that should be purchased in terms of price or brand?
I've often seen landlords preference for hard flooring which is cheaper and easier to maintain than carpets but I've always thought it is to be loud and less comfortable than a carpet so could I ask opinions with regards to hard flooring vs carpet in bedrooms as I've got several bedrooms with this type of flooring
Hi Jake,Have you considered using a furniture pack?Our furniture partner, Fusion Furniture Solutions, specialise in HMOs and have everything you need to equip one.Fusion can advise, but I would recommend a double bed, two bedside tables, two bedside lamps, a chest of draws, and a double wardrobe.The mattress should be a good quality one.I would always use carpets in a bedroom. Use a hard wearing, stain resistant one. They are a bit more expensive, but worth the extra money.See our video playlist about furnishing rental properties which includes tips for HMOs.There is also this helpful video:See also our "HMO Week" content, as it follows the lifecycle of a tenancy and includes tips on getting HMOs ready for rent:HMO Week 2017 - powered by Platinum Property PartnersMonday - Launch of HMO Week 2017 with Steve Bolton - discussing popularity of HMOs and trends in the marketTuesday - Sourcing an area suitable for an HMO and finding a suitable property Financing of HMOs - insights and criteria Wednesday - Legal and licensing considerations / refurbing an HMO and optimising the lay-outThursday - Small HMOs vs. "Super HMOs" Friday - Creating harmonious householdsSaturday - Avoiding voids in HMOsSunday - Getting rid of a bad tenant from an HMO
Vanessa Warwick Landlord and Co-Founder of PropertyTribes.com **If you have got value from Property Tribes, find out how you can support it in remaining a free to use community resource**
Thanks so much Vanessa, I've not been a regular reader for the past year but the forums gone from strength to strength and it's great to see all the new content that's here, and the other thing I have to say is that in the last year or so it's surprising how many fundamentals have changed, it looks like I've got quite a bit of catching up to do!