

HMO conversion fetching 12.9% ROI
We helped our client with the conversion of ‘Linden’ – a 4 bed 1 bath semi-detached house to 6 bed 2 bath with kitchen/diner upgrade.
Purchase price: £250k
Deposit to purchase: £62,500
Purchasing costs: £7354
Conversion: £34k
Furnishing: £3500
Total cash invested: £37,500
Monthly rent: £2945
ROI (net rent/cash in): 12.9%

Who
Husband and wife wanted their first HMO. Husband is an IT Professional and the wife runs a boutique. They had a small buy-to-let portfolio but now wanted something with more cash flow.
Where
Location – Reading. Close to transport links, industrial parks, town centre.
What
Linden – A 4 bed 1 bath semi-detached house > 6 bed 2 bath with kitchen/diner upgrade


Floorplan – before
Floorplan – after
Conversion highlights
- Moved wall between study and Living room
- Replaced kitchen with smaller kitchen to give more living space
- Made a new shower room
- Moved walls to ensure both rooms (1 & 4) are doubles
- Made a new shower room
- Moved wall to ensure both rooms 2 & 4 were ‘doubles’
Key learnings

Layout
You can work quickly with plasterboard to make all rooms double and add bathrooms
Living/Communal area
A sofa, dining table & TV help create a healthy communal environment
Create space
Ceiling high custom-built cupboards
Big Fridges
Shelves
Bedsteds, not divans
Spend a little extra on ‘The Finish’
Value adds
- En-suite adds £75-£100/month per room.
- Garage = £75/month rent.
- Invest in the garden
- Send cleaner once/month.
- Fair/Firm management of tenants.

WHY NESTINO PROPERTY INVESTMENT?
Built from the ground up for the new age property investor.
Nestino is a one stop shop that provides everything you need to shape up your property investment portfolio. With us, you can embark on a smarter and more rewarding property investment journey.
How can we help ?
We Find
You do not have to leave your room. We find high-yield property, and we give it to you
We Refurbish
Doing-up a property increases it’s value. Not to worry, we take care all of that for you
We Manage
We will handle all work for you until it is ready to rent out, keeping you stress-free.
Finance
We help arranging mortgage for your buy-to-let property. All you need to do is apply.
Conveyancing
Transfer of property is easy if we’re there with you. We take most of the stress and you get the satisfaction
Lettings
We help you finding tenants, so that you start earning money quickly.
Interested to know more?
Drop us a line
Fill in the form or send us a WhatsApp message on +44 7714 303914 with your inquiry.