Clair Mcardle turns a refurbished three story home and was able to convert it into a comfortable HMO in four weeks. This story is great motivation for anyone who thinks an HMO has to be a huge project with an endless time investment. For this home she kept the walls their original cream color as it would cost a pretty dime to have them repainted. She uses Pinterest for inspiration for the scandi-inspired design. She also said her budget mostly went to replacing the water systems.
Key Takeaways:
- HMO’s don’t have to be a massive undertaking, you can do it in just four weeks.
- The first home Claire bought, checked off all her boxes for what she wanted for an HMO.
- She revamped the interior because that was the only downside to the home.
“The property is now giving Clair a return on investment of 27.5%, after allowing for a 10% maintenance allowance.”
Read more: https://www.insidepropertyinvesting.com/case-study-hmo-interiors-claire-mcardle/
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