SPI Overview
HANDS-FREE SERVICE• Sourcing High-End, High-Income Multi-lets
• Project Management
• Conversion to HMO
• Tenant sourcing
• Lettings Management
BUY-TO-SELL
Fixed ROI
Joint Ventures
What is a HMO
• 3 or more tenants
• Professional tenants
• Shared communal spaces
• Regulations
• Article 4
Sourcing high end, high income properties
• Type of Houses
• Checklist
• Areas
• Tenant profile
• USP
Project Management
• End to end service
• Quotes
• On time and…
• Convert to HMO
• Issues management
Convert to HMO
• Furniture pack
• Curtains / blinds
• Kitchen appliances
• White goods
• Bits and bobs
HMO 1
• PP: £305K• Mortgage: £228,750• Total monies: £85,400
• Current Valuation: £425k• Re-mortgage: £318,500• Deposit received: £90k
HMO 2
PP: £205KMortgage: £153,750Total monies: £55k + refurb
Current Valuation: £250kRe-mortgage: £187,500Net cash return: £33,750kMoney left in: £17.5k
Contact detailsSmart Property Investor
Manni Chopra
Director
W: 0118 9079200
M: 07970 998093