Luxury HMO Project Tour UK | £100,000 Renovation | Aidas Grubliauskas | Big Property Group

Welcome to my channel. In this video I take you on a tour of a Luxury HMO Development that my business partner Saj Hussain and I did.
We converted a 3 bedroom family house into a luxury 6 bedroom all en-suite HMO (House in Multiple Occupation).
Enjoy the tour of the finished project!
#Property #Developers #BigPropertyGroup #Investments #UK #HMO

[@AidasGrubliauskas]

Hi guys! Thanks for tuning in! Let me know what you would do differently?

[@dalgill5194]

Looks great! Hotel standard. Could I ask you where you got your fire doors from and how much they cost.

[@Probity100]

Hi Aidas. First time here and love what you have done here, top notch finish compared to some of the HMOs I have seen. Well done. Where are you based ? Or where is the property?

[@arabwatchdealer]

The HMO looks absolutely gorgeous, well done on the renovation Aidas!👍🏼

[@AidasGrubliauskas]

Thanks Ahmed, we had a great team on this project 🛠👍🏼

[@TheKubos911]

🔥🔥🔥It's unbelievable that you can turn a 3 bed house into a 6 bed HMO. This is very inspirational, dreaming of doing a project like this myself! Great content Aidas! Looking forward to another video! 🔥🔥🔥

[@AidasGrubliauskas]

Thanks for the support! Everything is possible 👊🏼

[@VaisineArbata]

Looks great! Well done!

[@milesjacob3890]

What a great renovation you guys have done, smashed it!

[@AidasGrubliauskas]

Thanks Miles 👊🏼

[@chamilabamunuarachchige2186]

Awesome video and great project.

[@zafarhussain9439]

5 star job guys. Top re-furb. 👍 U have a great team.

[@AidasGrubliauskas]

Thanks Zafar! We have built some great relationships with a few teams, and the team work makes the dream work 👍🏼

[@emadbarday5474]

Definitely is like a hotel ! Gorgeous and a fantastic space for the tenants

[@AidasGrubliauskas]

Thanks Emad, we try our best 👊🏼

[@gsingh144]

Thanks for sharing great development high end , well done and appreciate the tips! Thanks 👏

[@AidasGrubliauskas]

Hi Gurdeep, thank you! Looking forward to sharing more of the projects that we have done over the years :)

[@womenpropertybusiness]

Thank you!

[@norbertszbendinskaz8289]

Keep up the good work 👍👍👍 the content is super good :)

[@AidasGrubliauskas]

Thanks! Appreciate the support 👊🏼

[@TheSajHussain]

Great video Aidas. Well done!

[@AidasGrubliauskas]

Thanks Saj, looking forward to documenting our other projects 👊🏼

[@Katelynfacts8771]

Great content greetings from Ireland 🇮🇪

[@kamgunner5920]

Beautiful done project! Congratulations. Do you know anything about how to find out if a property has a title split? Thanks.

[@denziljones9326]

Great video - do you have the floor plans for before and after?

[@siani5299]

At 7:38 you mentioned the room has a kitchenette wouldn’t that make it a self contained flat and make you pay council tax per room, would be great if you could do a video about HMO council tax and tips.thanks for the videos

[@AidasGrubliauskas]

Hi Pep Si, it’s only a little tea station with no cooking appliances. So would not be classed as a kitchenette, I do refer to it as a “tea station” 🙂 Yes we can definitely look to cover the tax and other compliance related questions around HMO’s in the coming videos 🙂 thank you for watching 👍🏼

[@StephenOrrmarketing]

Hi, can you explain the room size and why you aim for 10msq? In my area 6.5mq is min for singles and 10msq for doubles. Thanks, stephen

[@delphiproductionsmusic]

The code locks are not fire rated so does the hmo officer allow this?

[@KLGroupUK]

That's a lot of work for 100k well done. How long did the build take you?

[@AidasGrubliauskas]

The whole project from start to finish took about 20 weeks. Had a few delays due to material shortage, but overall very pleased with the project. The whole property was taken back to brick, and literally everything has been done new, electric, plumbing, new water upgrade to the property and so much more 👊🏼

[@delphiproductionsmusic]

Would it be worth going for a double oven if you have the space or is one ok?

[@AidasGrubliauskas]

That is something we do on the larger projects 😊

[@yetracy4388]

I just bought a property in Cardiff needed to be transformed into what it is like in your video, will you take the project?

[@AidasGrubliauskas]

Hi Ye Tracy, Congratulations on the purchase! Unfortunately our teams only cover the Birmingham and surrounding areas :) Best if luck!

[@Aaron-oz3os]

I have a question can you claim the bills that the hmo tenants use can you claim them as expense if you have a limited company

[@AidasGrubliauskas]

Yes you can Aaron, we tend to let the rooms inclusive of bills in the rent. So the tenants pay a fixed rent each month, but we do have a fair usage policy in the AST’s. You would just file all utility costs as running/operating costs under the Limited company. 👍🏼

[@siani5299]

How much is the HMO worth after renovation and are HMO worth more than say a family regular house.

[@AidasGrubliauskas]

It all depends on how many bedrooms the HMO consists of, if it has en-suites, or just a shared communal bathroom. If it is for example a 4 bedroom HMO with one or two shared bathrooms, it would be valued for its “bricks and mortar” value, same as a family house. On the other hand if the property has 6 or more bedrooms all with individual bathrooms than it could be valued on a hybrid model where both part of the revenue and bricks and mortar value is taken into account and in this case the end values tend to be higher of such HMO’s compared to of a similar size family home. Once an HMO has planning approved for 7+ occupants and its class use changed from C4 to Sui Generis, that is where the highest valuations can be achieved as it is then valued as a commercial let property. Hope that helps 😉

[@hashmo101]

Don’t you need two hobs if there are 6 rooms?

[@AidasGrubliauskas]

Hi! :) You are allowed to have 1 hob if you also provide a 26L microwave/oven. We also provided a dishwashe, loads of storage space both in kitchen and additionally in rooms, so all has met the HMO requirements :)