01 · Starting pointA property in real trouble.
The previous tenants had left the flat in a properly bad state, damaged flooring across two rooms, worn paintwork throughout, broken fixtures in the bathroom, and a kitchen that hadn't been touched in years. The landlord was facing a long void period, a major out-of-pocket refurbishment, and a market they didn't have time to understand.
02 · RefurbishmentEnd-to-end, in one go.
We brought in our trusted contractors and project-managed every part of the works, flooring, paint, fixtures, soft furnishings, kitchen replacement. The landlord did not source a single tradesman, did not chase a single invoice, did not visit the site once during works. We made every call and they signed off on the photos at the end.
03 · HMO licenceThe compliance no one wants to do.
We prepared and submitted the full HMO licence application with the council. Room sizes, fire safety, amenity standards, electrical and gas certification, every box checked, every document filed. We attended the inspection. The licence came back inside eight weeks.
04 · LettingsThree rooms, three quality tenants.
Marketed across every major portal and our existing waiting list. Each applicant referenced, credit-checked, right-to-rent verified. Within four weeks of the licence landing, every room was let on an individual contract to a working professional. Zero void.
05 · OutcomeInvestment recouped, income up 40%.
Six months in, the new yield had fully covered the refurbishment spend. The property now produces 40% more rental income than it did under the previous single-let arrangement, with risk diversified across three independent tenants, and a projected 15% uplift in resale value on top.