In the post-Brexit political and economic turmoil of today, the time when you could rely on the government to help with your retirement are long gone. Therefore, we as a nation are on our own when it comes to saving for your retirement fund and securing your financial future. HMOs may be the solution for you.
Our client wanted to maximise profits from his property by converting it into an HMO and asked us the create the best HMO layout design. The challenge here was to design a 6 bedroom HMO with shared kitchen, living and bathroom facilities. The idea was to rent the each bedroom out separately; allowing our client to significantly increase his rental yields and income.
HMO’s are not only the guaranteed solution to increasing your rental profits, they also succeed in fulfilling a growing social need for high quality rental properties that are affordable for tenants. The cost of renting a room in a HMO is far lower than renting a one bedroom flat, therefore making HMO’s ideal for the mobile workforce, increasing number of students and young professionals. The planning permission is sought to extend the property to rear and side, and create professionally managed high quality multiple occupation dwelling to meet the increasing demand of housing.
We have assessed and designed the usable space in each room to ensure it is suitable for HMO occupation. When it comes to getting HMO planning permission, HMO layout design should consider not only the position of doors, windows and ceiling heights, but also the HMO space standards, HMO amenity standards and HMO facilities. We helped our client produce his HMO planning drawings, HMO building regulations drawings and HMO tender drawings in keeping with the HMO regulations. Having completed over 400 projects, including all types of property conversions, we can also help you develop an HMO investment strategy to design, plan and build your HMO with minimal effort.