Investors are now looking for large properties within the London and Kent areas with a specification of 4 or 5 bedrooms to convert into a house of multiple occupants (HMO). The primary focus is to capitalise on the growing number of millennials entering the workforce providing them with a cost-effective all-in-one monthly rent while they seek to get on the property ladder. Most young professionals stay for at least 2 years which guarantees a very profitable cash flow every month.
The HMO is a sound way to increase monthly cash flow for any strategic investor. Investors generally diversify their investment portfolio with real estate at the top of their investing requirements.
A recent article in This is Money and the Financial Times revealed that London is still a primary source of investment for North American and Asian investors, particularly in light of the fact that the UK Government is actively seeking inward investment to maintain the UK’s global relevance post-Brexit.
At Benjamin Property Services Ltd we are seeing that corporate executives are also engaging with us to source these types of deals as not only can we find those off-market below market value deals. We can also project manage the developments and ensure the correct licenses are obtained.
Why not get in touch to see how we can support your property investing in the London and Kent areas within the UK.
Lena Benjamin has over 10 years of property professional experience and client management expertise. Multiple years of experience working with London estate agents on sales and lettings negotiations. Landlord experience in the London and Kent areas including project managing refurbishments. Global multi-disciplinary plc engineering consultancy firm experience working with multi-million-pound… Read more