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hope you dont get caught with council tax re-banding issues that I see coming in when they roll out national licnesing, I am assuming councils will be able to line up the dots...will be very painful for HMO model imho
Looks great. This is exactly what I intend to do with one of my HMO's.
Would you mind if I asked your monthly room rate?. Also how do you deal with all the hot water demands and so many showers?
Hi Oli and Alicia
Really fantastic finish - setting the bar high! I'd be interested to hear who you used for your initial financing and who you are using for your HMO refinancing?
As others has said - I don't think you'll have any problems with voids!
I am looking for extending 3 bed property for meeting HMO requirements (additional 3 beds) .Presently occupied area of property is 785 sq ft and looking extend to extend by another 1000 sq ft.. Please advise whether there somebody can advise on cost involved on extension. Is it allowed as per present guidelines to extend this much.
Huge congratulations, absolute beauty of a refurb and a fantastic return.
You have put a lot of hard work into that property and has paid off wonderfully. Great thread to read and I look forward to seeing more from yourselves in the future.
Transparency notice: OneandOnlyPro is a commercial partner of Property Tribes.
Congratulations on a job well done. I'd like to ask about the fire doors. Did you have to replace the frame as well as the doors and are they self-closing? I think self closing doors can look hideous and our own HMO project needs to look homely and I've not been able to get a clear idea of the options
You can get the internal to the door chain closing type of closer as well.
Unless you can guarantee that the door lining and its fitting (e.g. intumescent sealant around the frame) is up to the requirements of your fire door you will need to replace it - see section 21.7 of the LACoRS guidance (produced in association with the Chief Fire Officers Association).
There are 2 types of door less obtrusive door closers I am aware of:
https://www.toolstation.com/surface-moun...ser/p14386 - I've never used this type
https://www.toolstation.com/concealed-do...ser/p88601 - my experience of this type is it loses effectiveness once the tenants wedge the door open as the spring stretches. It can also have to slam the door quite hard when windows are open as otherwise the door won't close when windows are closed.
The only effective closer I have found is the ones are the top of teh door like https://www.toolstation.com/door-closer-size-3/p72799.
You also need to make sure that your handles, latches etc and hinges are fire rated.