Building Conversion in Normanton, West Yorkshire

Building Conversion - Normanton

Public House to 12 Bed HMO Conversion, West Yorkshire

Project Brief

The site was a former public house. The property was converted to 2x 6 bedroom Houses of Multiple Occupancy and one commercial unit which was let as a sandwich shop.

Normanton is a popular location for HMO applicants especially blue collar workers.

The property was refinanced on completion to release the added value.

Financials

Purchase Price £105,000
Conversion Costs £156,000
Gross rent client receives £66,240 p.a.
Time 7 Months
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