Park Drive, Huddersfield (11-bedroom HMO)

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Large Sized HMO project in Huddersfield. The Property was tired 10-bedroom HMO with only 4 bedroom lets. The ground floor was uninhibited due to significant damp. 

Adding value by performing a complete repair and refurbishment of the house to high standards and increasing the house capacity by adding an extra (11th) bedroom and obtaining a new HMO License from the council to increase the allowed house capacity from 10 to 15 people.

• Full rip out, damp proofing, change of plaster boards, re-plastering & painting. 
• Adding an extra bedroom by converting previous store room into a licensed bedroom
• New kitchenettes (x 11) bathrooms (x3). 
• New flooring + furniture. 
• General repairs & upgrades

*Gross rental yield does not represent the return on investment as the costs of running the venture is subtracted from the gross yield to allow net return to be calculated.