Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 2 weeks ago 35
14:44 PM, 8th July 2014
About 5 years ago
I’m looking at buying a two bedroomed Victorian terraced house in NN1.
My plan is to refurbish but nothing major as it has central heating, double glazing etc but currently unlettable due to kitchen condition.
It needs re-plastering, decorating, carpets etc and a new kitchen.
I will then let as a small unlicensed 4 bed HMO.
I’ve seen suitable empty properties that could easily be converted without the need for planning permission for the works, but would need planning permission for conversion to HMO as they are in Article 4 areas.
I’ve called Northampton planning Department who say that they would not rule it out and would give an opinion if 10% of fees are paid and it would depend on how many others there are in the road, demand etc etc.
Has anyone got experience of actually going this route and any advice? e.g. how do I find out how many registered HMOS there are in the nearby roads?
The house would still be a decent yield as a family home but HMO much more so.
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