Development Tours Ep3 | “Trick to creating high-end, profitable and Systemised HMOs”

Do you love high-end HMOs and making things systemised? Have you ever thought about increasing your rents from £1250 to £4250? Today we’re talking with Malkit & Sanjay, founders of Savoys Properties the award-winning property developers that have blossomed in its first 2 years.
Today, we dive into a birds-eye view of the HMO market and why high-standard shared accommodation is rapidly growing in popularity in metropolitan areas like London. We’ll see why Savoys Properties is getting such big-time press without spending tons on advertising, what type of services they provide to their investor clients, and property developer tips to help you hit the ground running.
Whether you want to know how to start a property business or simply want to gain some interior design inspiration, the Savoys Properties is an excellent model to follow!
Guest Instagram: / savoysproperties
Host Instagram : propertybyk...
Videographer Instgram : / southpointmedia
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[@wholesomeinvesting7099]

Great content Kazy. Literally some of the most valuable content in UK KZbin Property World!

[@lucavitale5912]

Great video, the finish looks very desirable. I'm sure these will be let all year round.

[@Yikaalo23]

Top quality content as always great insight

[@ma_rco]

Great value for money tbh

[@lewisrowe1025]

Lovely hmo!!!

[@nx89]

How do you find decent builders. And what agreement do you make with them?

[@animalhealingguy]

✔️✔️

[@adamlassine7635]

hey Kazy just wondering do you apply for planning before hand when doing a HMO? or do you do the layout yourself and follow the regulations and then apply for the HMO?(im not sure if i heard correctly of people doing it like that) thanks a lot! (really learning a lot from these vids)

[@savoysproperties]

You are best to use a planning consultant or architect to ensure you get the room layouts correct

[@davidpender5030]

nice hmo but 750 for a room is a myth

[@PropertyByKazy]

For an ensuite room including bills, it's definitely achievable.

[@user-yj3pg4ju8y]

You editing style has to be revised, because there are too many cuts and we can't see the video of the house

[@jonathanm1311]

Isn't 21% ROI incorrect? This is a gross figure. It's annually roughly 21k rental income including elec, gas, water, internet and council tax. So all those have to come off. Plus monthly financing costs have to come off too if 75% of purchase price and 100% of refurb were financed. The actual ROI must be much lower surely? The house itself looks very nice though!