HMO Refurbishment

By - Dominic
29.07.20 02:31 PM

Property sourcing, development and Management

HMO Refurbishment

Railway Road HMO

Railway Road

We are now well underway with our HMO (House of Multiple Occupation) refurbishment in the great town of Leigh. Some information is available thanks to Wikipedia for those unfamiliar with Leigh.

https://en.wikipedia.org/wiki/Leigh,_Greater_Manchester

Once complete it will be an all ensuite, all double, premium HMO with a luxurious shared communal space with Living, Kitchen and Dining facilities.

Equipped with fiber broadband, USB sockets, a custom kitchen arrangement and fully furnished this project will be a great addition to the property on offer in Leigh for our future roommates.

This premium property in such a prime location will ensure we are offering high-quality rooms in an area with great demand and need for reasonably priced rooms.

This property was sourced, cleared and refurbished by OneFourFour Property and will be let by OneFourFour Lettings.

Approach to our HMO

Design – We have drafted in a local Design team headed by Jules from Urban Co-Living https://www.urbancoliving.com/ who has set out some design principles to make our HMO stand head and shoulders above the rest in the area. With some cool concepts, upcycling, modern twists and an eye for unique details this project will be one of a kind.

Build – We settled on 8 great size double rooms with all Ensuite. We could have potentially added more however we value space over volume for our roommates and wanted to ensure our house was good for people to stay long term. We have a wonderful top floor room with separate Living space and kitchenette to really allow someone to enjoy this great space. HMO’s from an investment point of view have typically been used to cram people into beige boxes, this approach isn’t one we are looking for at OneFourFour Property investments. We look to design and build high end bespoke and home-like living spaces.

We will utilise the basement space in this great property we have sourced. The space is amazing and will have large light wells front and back to ensure they do not feel too much like basement spaces. We will gain a kitchen living dining space as well as an additional ensuite bedroom.

Our Broadband provider of choice is Virgin Media. The fiber broadband is one of the fastest in the country and with 350mb on tap with the latest wireless router it is sure to please our new HMO occupants. www.virginmedia.co.uk. We run cabling to all of our rooms so there is both direct ethernet as well as Wifi access through our property.

Advertising – We will deploy our strategy for advertising our HMO’s which will be to target local people looking for rooms on the places those roommates and tenants would typically go to look.

We use the following web portals to ensure the maximum views of our rooms by people actually looking for rooms.

Spareroom – https://spareroom.co.uk

Facebook – Facebook.com

Gumtree – www.Gumtree.co.uk

Upad – Upad.co.uk

Typically a letting agent will add to the normal large portals of Rightmove (www.RightMove.co.uk) and Zoopla (www.Zoopla.co.uk) the main issue with relying on these alone is most of the people looking on here are looking for whole houses or apartments rather than individual rooms, although some will also land here for the best results we use Spareroom, Facebook and Gumtree.

We have found mixed results with Gumtree and Facebook compared to Spareroom however they do provide a good source of locals interested in the rooms we provide.

Our Advert content can be seen below

Our Lovely newly refurbished home in Leigh will be available shortly for 8 new roommates to enjoy.

We have 8 double ensuite rooms in total

Room 1 – Penthouse double ensuite room with separate Living space and Kitchenette.

Room 2 – Extra Large double ensuite room with Kitchenette, 1st floor.

Room 3 – Large double ensuite room, 1st floor.

Room 4 – Large double ensuite room, 1st floor.

Room 5 – Extra Large double ensuite room, Ground floor

Room 6 – Large double ensuite room, Ground floor

Room 7 – Medium double ensuite room, Ground floor

Room 8 – Extra Large double ensuite room, Basement.

All rooms are bills included, Internet (Fibre) Council tax, Water, Gas and Electricity.

Beautiful shared Kitchen, Dining and Living room.

Fully Furnished, with a touch of luxury.

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For those unfamiliar with HMO’s or House of multiple occupation Wikipedia has a handy link here; https://en.wikipedia.org/wiki/House_in_multiple_occupation

Joint venture partners interested in getting involved in our deal sourcing or development opportunities please get involved by sending us a message on the following social links:

Instagram – https://www.instagram.com/OneFourFourProperty/

Twitter – https://twitter.com/OneFourFour_

Facebook – https://www.facebook.com/OneFourFourProperty/

For those interested in some styling inspiration please visit our Pinterest

Pinterest page – https://www.pinterest.co.uk/OneFourFourProperty/

Dominic