Mike G

Registered with Property118.com
Monday 21st March 2016


Latest Comments

Total Number of Property118 Comments: 2

Mike G

12:00 PM, 22nd March 2016
About 5 years ago

Should I convert my 3 flats to an HMO?

Reply to the comment left by "Rod Adams" at "22/03/2016 - 11:55":

I think I will still need a licence for the entire property anyway plus the other costs of creating a living area and the kitchens.... Read More

Mike G

11:36 AM, 22nd March 2016
About 5 years ago

Should I convert my 3 flats to an HMO?

Reply to the comment left by "Neil Patterson" at "22/03/2016 - 10:47":

At the moment rental would be pretty much the same in either configuration as it would still be 6 individually let rooms. To go down the HMO route I would not need to extend as one bedroom becomes a living area and a kitchen becomes a bedroom (STPP). However, by leaving it as 3 flats I would need to refurbish 3 small kitchens rather than one and put on the extension and due to space I would not be able to have a living/dining area within each flat. Other considerations are the licensing fees as I will probably need a 257 licence(£910) as well as an HMO license (£980)... Read More