“I actually have 2 HMO’s up and running. They are both 5 beds and achieving £1700 per month went down the student route not professionals, and have provided a very high standard student accommodation with TV point and internet in all rooms and Sky TV in communal lounge.
I actually filled the 2nd property, and had holding deposits from all 5 students, without them setting foot inside
Was amazed to be able to achieve £350 per calender month for doubles, with them paying their own gas and electric. My only bills are water rates, internet and sky obviously council tax being exempt for students.”
Since this testimonial, Phil has added another “3” HMO’s to his belt and has another 2 completing this year!!