A portfolio of 44 houses comprising in excess of 275 self-contained studio apartments.  All of the units have an HMO use and are let to a variety of local authorities social landlords and various charities.  The portfolio produced a very healthy income on day 1 and our client allowed the vendor to become the operator and to continue to manage the portfolio on their behalf.

Allied Property have transacted in excess of £250m of HMO buildings. Transactions have included existing large portfolios as well as the delivery of over 200 new HMO buildings which have been developed for clients by our supply partners.  The client in this instance is a European fund who own in excess of 68,000 apartments for rental income. They require self-contained accommodation only, either residential, hostel or HMO but must be entire, unbroken blocks (20 – 300 units) anywhere within the M25, for long term income purposes.