We successfully acquired a new asset to enhance our client's investment portfolio

 

 

NEW MALDEN, MERTON

Type

Acquisition & HMO Conversion

Investment

£950,000

Yield

9.28%

Time scale

9 months

We successfully acquired a new asset to enhance our client’s investment portfolio -a commercial property featuring residential units on the upper floors. While maintaining the long lease on the ground floor, we strategically restructured the upper levels into a House in Multiple Occupation (HMO). Our comprehensive services encompassed the entire process, from acquisition to securing planning permissions, overseeing construction, and managing lettings. Through our proactive approach, we effectively tripled the residential rental income per month, delivering significant value for our investor.

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