E3 : Unlocking HMO Potential: Analysis of a £190k Guide Price Property in Manchester for a 9% Yield
Channel: MichaelKosmas
Date: 2023-10-05

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Join me as I explore converting a 3 bed, 2 reception £190k auction property in Manchester into a high-yield HMO investment! Based on a generous 1,119 sq ft floorplan, this semi-detached gem has fantastic potential to become a House in Multiple Occupation.

In this in-depth guide, learn how to:

Research local HMO regulations to stay compliant
Assess property layout for an optimal HMO conversion
Calculate costs and rental income potential
Conduct financial feasibility analysis for max profit
By turning this auction buy into an HMO, I estimate achieving strong rents that could deliver a 9% gross rental yield. But it takes careful planning - I’ll walk through 3 essential tips before making any conversion decisions.

If you want to unleash the power of HMO investing for optimal returns, join me as I uncover the potential in this Manchester auction lot step-by-step!

Keywords:
HMO property, rental yield, property auction, real estate investing, buy to let, landlord tips, house in multiple occupation, auction house, property development