5 Factors to Assess Before Investing in an HMO Property

Before buying an HMO property, it's crucial to consider several factors. Firstly, inspect for hidden problems like mould and water damage, which can indicate costly repairs. Secondly, ensure you have ample time to view the property and conduct thorough surveys to uncover any issues. Additionally, check for planning permission for past renovations and assess the property's location for rental demand, maintenance ease, and flood risk. Lastly, investigate why the property has been on the market for an extended period to avoid potential pitfalls. Read More.... https://bit.ly/3HV08fE

image