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For those people with rooms in HMOs that do not meet the minimum space requirements coming into effect on 1st October 2018, here are a few ideas of how to utilise that room to enhance its appeal to tenants:1. Turn it into a games room2. Turn it into a cinema room3. Create a dressing room with lots of wardrobes, storage, and a large mirror.4. Create a library with bookshelves and a comfy chair where tenants can store their books.Inspired by this article 5. Create a laundry drying room with a heated drying/airing rack, ironing board etc.6. Create an office with a desk where tenants can sit to write or use their computer.Any other suggestions?SEE ALSO - New HMO Regs and room sizesUP NEXT - Increasing regulation of HMOs in the pipelineDON'T MISS - 1st October - new HMO rules - are you ready?NOW WATCH:
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**
Do you make more profit when it’s a games room or laundry room
what ever they turn it in too it’s a loss of rent
so it’s hardly a win for an investor
Learn Change and Adapt ?????
All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.
No, you don't make a profit, but it may help to reduce voids and for tenants to favour your property over another.It's just about making the best of a bad situation!A win for the tenants is a good option if there can't be a win for the investor imho.
We are all trying to make the best of a bad situation in 2018
I am sure when landlords purchased the HMO they never dreamed this would happen
What’s next no ground floor rooms for bedrooms
Chip chip chip away and the tree falls.
Response to this thread from twitter:"Creative use of undersized bedrooms in HMOs can reduce the risk of illegal sub-letting, whilst avoiding the need to keep the room locked and out of use". @lplicensing
The laundry room is a very good idea. Make sure the window is partially open and it should help to prevent condensation in other rooms.
yes, but that will only work if the door is kept shut.
Would renting it out as an Air bnb room work as well? In my area lots of people train at the airport for the airlines and look for temporary accommodation.
I personally would never mix resident tenants with strangers (Air BnB guests). Too many safety risks and issues and why upset your permanent residents with transient strangers coming and going, possibly at all times of the day and night?HMOs are most successful when you create an harmonious household who enjoy living together. Why put strangers into that mix and potentially destroy the community within the household?
The box room could always be kept as a single bedroom for visiting guests, perhaps with a limit of 14 days per guest, better than guests sleeping on the sofa.
I removed the bed out of the now-too-small room and it is currently used as a dumping ground/shoe-racking area along with a desk and chair.
I looked at the heated airer/rack but doubt it would get used properly although a couple of normal racks with the door left open could work to avoid clothes drying on radiators?