HMOs (House Shares, Room Rentals, Flatshares)
- Profit from Houses in Multiple Occupation (HMOs)
- HMO management
- HMO legal and fire safety requirements – HMO licences
- Furnish your HMO
- Marketing your rooms and attracting house share tenants
- What should I expect from my HMO property manager?
- Guaranteed Rent
- Find out more
Houses of multiple occupancy (HMO’s) are a fundamental component of many successful property investor’s property portfolios. Whilst your return on investment (ROI) from a HMO can be considerably more than that of alternative property investment options, HMO’s can also be considerably more work.
With Platinum Crown, the management of your HMO needn’t be a burden to you. Unlike most other high street letting agents, we have been investing in and managing HMO’s since 2006, so we are well placed to advise and manage your HMO’s which can otherwise be complex and time consuming.
Here at Platinum Crown, we can take over the management of your existing HMO’s, and we can also help you to convert a single-let property into a HMO to significantly increase your monthly profit. We can also help to ensure that your property complies with all legal and fire safety requirements, including gas checks and obtaining HMO licences from the local council where necessary.
Platinum Crown can furnish your HMO’s to bring them up to an agreed standard before marketing them for rental and matching the right types of tenants together, an essential, but often overlooked ingredient of running HMO’s.
Platinum Crown can guarantee your rent for periods of 1, 3, & 5 years. Guaranteed rent is paid regardless of the rent being paid by the tenant.
You can benefit from Platinum Crown’s unique expertise in attracting tenants who want to rent rooms rather than whole properties. Room rentals in Colchester have been steadily rising for a number of years due to the changes in our economy. Being one of the leading providers of quality room rentals in Colchester, Platinum Crown has developed a system that enables us to continuously receive a steady flow of tenants who require rooms to rent meaning you can confident that vacant rooms in your property will be kept to a minimum.
As with other lettings, that just leaves you to receive your rental payments and income and expenditure statements each month.
- Bespoke IT systems and reports to manage HMOs
- Fast response times to your enquiries
- The use of competent contractors
- Flexibility based on your unique demands
- Clear procedures
To enable Platinum Crown to put together a solution for your unique needs, call us today on 01206 705 555.