Central Suites UK’s Post

Some before and afters on this refurbishment of a 3 bed in LS12. This one was Sourced, Refurbished and let by our team. If your looking to invest in Leeds and surrounding area or need a build team to turnaround or refurbish your Property investments please get in touch. #Leeds #BTL #Buytolet #refurbishments #turnarounds #maintenance #propertyinvestment #proepertyinvesting #landlords #dealsourcing #sourcing #propertymanagement

Jargon Buster! What is an HMO? HMO stands for House in Multiple Occupation, or House of Multiple Occupancy and a property is classified as such if there are 3 or more tenants forming 2 or more households, who all share bathroom and kitchen facilities. HMO’s are subject to different rules and regulations so if you’d like further information, don’t hesitate to get in touch! #propertyinvestment #hmo #propertyconsultant #br3 #propertyinvestor #propertyinvesting #propertyinvestment

This week we've been talking a lot about why tenant selection is so important and, how to get it right. Here is Angie, with a few words about the KPA shoe test... If we can help you with anything related to tenant selection, management or any other part of the lettings process, then give us a shout 📣 Pop on over to our website to book a no obligation conversation, sign up to our Newsletter or simply give us a call! www.kpa.co.uk 0117 440 6789 📞 KPA - we are HMO management specialists who believe in lettings without compromise! #bristol bristollettings #hmomanagement #hmomanagementbristol #bristolhmo

Project AS: It was completion day again a couple of months ago, this project has now been first fixed. Another 5 bed / 5 bath HMO incoming 🔑 . . . . . . #property #propertyinvestment #investmentproperty #propertyinvestmentuk #propertyinvestments #ukpropertyinvestment #investmentpropertyforsale #propertyportfolio #propertyuk #hmoinvestment #hmoinvestor

Just Listed by DiDuca Properties! First time available in 47 years, this stately Victorian multifamily gem is ready to be re-imagined as a part of the new MRT BY-RIGHT ZONING OVERLAY! This property is in a prime location with numerous development opportunities right in the Newton Highlands Village Center MRT Overlay District! Renovate the existing home and carriage house for multi-generational living and income potential. Or exercise the MRT Adaptive Reuse option, allowing up to 6 units to be developed with an addition of up to 50% of the building footprint of the original house, all by-right. Another option would be to create a 2nd historic-looking building w/ a 1,500 SF footprint, 40' height limit, with 3 or more units by either incorporating the existing Carriage House or potentially as a new building. Adaptive Use properties are exempt from VCOD open space requirements to maximize potential. Ideally located 1/10th of a mile to the Newton Highlands Village Center and just 2/10ths of a mile to the MBTA Green Line. #justlisted #forsale #newton #newtonrealtor #newtonrealestate #bostonrealtor #boston #bostonrealestate

Things to consider when setting up an HMO When creating your HMO, you need to consider what a tenant will be looking for and how they are going to live in the property. You need to think about the practicalities of strangers coexisting in a shared space. Wherever possible, try to make bathrooms ensuite. You would likely be uncomfortable sharing a bathroom with strangers so why would your tenants want to do that. Having ensuites reduces conflict by ensuring it is a private space and also helps to make the property more attractive to tenants.

Plans for a 400 build-to-rent apartment scheme, which will also see a string of railway arches revived in the centre of Cardiff, have been revealed. The UK’s largest listed residential landlord, Grainger, has acquired a development site at John Street in a £6.25m deal, which also includes the long leasehold interest in five railway arches. https://lnkd.in/ewX2Ym_Q #cardiff #apartments

Fully Renovated SDSU 18-Unit Multi-Family Complex Sells for $5.065 Million, CAA Announces Commercial Asset Advisors (CAA) announces massive upside buy-side representation: a fully renovated 18-unit multifamily complex, encompassing both cosmetic and infrastructure upgrades. It boasts predominantly two-bedroom units and sells for $5,065,000 with an impressive 6.50% cap rate in place and a 7.5%+ cap rate at market rents, requiring no cap-ex to achieve. Positioned within a Class B product category, it enjoys a Class B+ locale, located in the SDSU area at ... view the full story by clicking the blog link. CAA's Maxwell Brown, Senior Vice President of Commercial Asset Advisors represented the Buyer. #sandiegocre #investments #cre #sandiego #NAIOP #costar #loopnet #commercialrealestate #commercialassetadvisors #caacre #1031exchange #multifamily #strategicinvestments #sandiego #apartmentsales #sandiegomultifamily #sandeigoapartment

We are going to sell 20 if these types of buildings in the next 2 years (4 on market now) - it is an amazing opportunity to buy buildings at scale with low expense growth (2A) and significant rental upside (Bushwick). Plus, we've seen 2 rate drops from Agency lenders in the last 3 weeks. Purchase these buildings at historically high cap rates and let the market do the rest!! Call / text me if you believe in this simple but effective strategy - 914-584-7422 828 Hart Street - Asking $3,950,000 (6%+ Cap) INVESTMENT HIGHLIGHTS: - 100% Occupied and 100% Collections with a real NOI of $237,000 - Recent Agency Debt quotes at 6.1% with option to buy down to 5.6% - Hart Street off Knickerbocker Ave, one block to Bushwick Park - Top to bottom substantial renovation offering turnkey management - 100% free market and tax protected - rent growth outpaces expenses - Perfect bedroom to bathroom ratio, with each bedroom has its own bath - Historically high Cap Rate - 20% Discount on 10 year average - L train access to Williamsburg and Union Square - Google "Bushwick Restaurants near 828 Hart" :) COLLECTED RENT ROLL: 1L - 3 BR / 3 BTH Duplex - $4,950 1R - 2 BR / 1.5 BTH Duplex - $3,500 2L - 3 BR / 3 BTH - $3,900 2R - 3 BR / 3 BTH - $3,900 3L - 3 BR / 3 BTH - $4,000 3R- 3 BR / 3 BTH - $4,050 Total Gross - $291,600 Expenses - $53,750 NOI - $237,000 Download Setup - https://lnkd.in/gvKP4fDN Rental Listings - https://lnkd.in/gb86Y3Tx Data Room with Plans - https://lnkd.in/gW4by6rM Team: Bryan Kirk Robert W. Moore Henry Hill Jermaine Pugh H. Michael Chardack Evan Kashanian William Cheng Bobby Lawrence

In the News: Winchmore wins £6.5m brickwork package on Stratford flats Winchmore Brickwork Group has landed a £6.5m package from Graham on a major flats scheme in east London. Image/Ref: https://lnkd.in/e-SSfSbw #ConstructionNews #BuildingNews #Winchmore