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10 Bed HMO Conversion

Design & Build JCT agreement with private client with a scope to convert a single 6 bed dwelling acquired for £173,000, into a fully operational 10-bed all en-suite House of Multiple Occupancy, complying with HMO regulations. D&B contract £145,000 to deliver refurbishment over a 9 month period. Project started in August 2019 and finished in March 2020, when all rooms were immediately let. The End-state property value soared to £500,000.