3-6 Bed HMO Conversion in Liverpool

3 - 6 Bed HMO Conversion - Liverpool

With Dormer, Loft & Kitchen Extension

600% Increase In Rental Income

182% Increase In Valuation (commercial)

After Conversion

Floor Plan - 3D MODEL

Existing Condition

The Numbers

ItemCost
Purchase Price£85,000
Home Buyer Report£400
Refurbishment Costs£85,000
Architect (Design, Planning, Building Regulation)£10,000
Furniture£5,000
Done Up Value (After Conversion)£240,000
Monthly Rental Income (Before Conversion)£350 pcm
Monthly Rental Income (After Conversion)£2,500 pcm
Annual Rental Income (After Conversion, Pre Tax)£30,000 pa

How Long - TIMELINE

50 Southbank Road Timeline (1)