Project 1 Complete (5 bed all ensuite HMO, £42,600 pa)
I am now fully finished my first HMO in Newport, Wales — a 5-bed, all-ensuite HMO 🏠💫
✅ Fully refurbished to a high spec
✅ Designed for modern professional living
✅ Achieved a 28% ROI 🚀
Had a brief scare with an inital down valuation of £260k vs an expected £300k. Not being one to panic (too much!) we pressed on with another lender who have valued at £325k which I am delighted with considering current market conditions. This marks the conclusion of a lot of hard work and careful planning — but seeing it come to life and deliver results makes it all worth it.
On to the next challenge with Project 2 well underway! 💪
Project Marketing video below.
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Thomas Stratton
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Project 1 Complete (5 bed all ensuite HMO, £42,600 pa)
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