Our Projects
On this page we list the projects that we have completed for clients. These are all client-funded projects. In most cases we sourced the property and carried out the refurbishment for the client who is funding the project and benefiting from the subsequent uplift in value, as well as a great yield on the cash invested.
We are only showing a handful of our completed projects because we source deals to order. You can read more about this approach here.
With all of our projects you can choose to keep the property in your portfolio or to flip for capital gain.
We source deals to order, so please get in touch if you would like to explore how these deals might work for you.
Mid terrace house, Bury Road, Bolton – 5 bed en-suite HMO
We converted a three bedroom house into a five bedroom HMO all with en-suite bathrooms
Purchase price: £N/A
Refurbishment: £55,000
Gross income:£N/A
Gross yield: N/A
Full rewire, plumbing to provide five en-suite bathrooms, building work to include a lot of new stud walls and replacement ceilings, structural RSJs, remove existing kitchen, remove chimneys, patch roof repairs, provide new kitchen, including reconfiguration, interlinked smoke alarms, 30 minute fire doors and closers, other HMO compliant items, plaster re-skim and decorate, tiling, new flooring, provision of furniture and delivery of gas and electrical safety certificates.
Mid terrace house, Hey Street, Wigan, Gtr Manchester – 5 bed HMO
We converted a three bedroom house into a five bedroom HMO with two bathrooms.
Purchase price: £54,100
Refurbishment: £50,000
Gross income: £16,750
Gross yield: 16.1%
Full rewire, plumbing to provide two bathrooms, building work to include a lot of new stud walls and replacement ceilings, structural RSJs, remove existing kitchen, provide new kitchen, including reconfiguration, interlinked smoke alarms, 30 minute fire doors and closers, other HMO compliant items, plaster re-skim and decorate, tiling, new flooring, provision of furniture and delivery of gas and electrical safety certificates.
End terrace house, Kersal Avenue, Swinton, Gtr Manchester – 5 bed en-suite HMO
We converted a three bedroom house into a five bedroom HMO all with en-suite shower rooms.
Purchase price: £120,000
Refurbishment: £56,000
Gross income: £28,600
Gross yield: 16.3%
Full rewire, extensive plumbing to prove five ensuite bathrooms, building work to include new stud walls, remove existing kitchen, new kitchen, including reconfiguration, interlinked smoke alarms, 30 minute fire doors and closers, other HMO compliant items, plaster re-skim and decorate, tiling, new flooring, provision of furniture and delivery of gas and electrical safety certificates.
Mid terrace house, Cecil Street, Walkden, Gtr Manchester – 5 bed HMO
We converted a three bedroom house into a five bedroom HMO with a bathroom and a shower room.
Purchase price: £75,000
Refurbishment: £49,000
Gross income: £20,800
Gross yield: 16.7%
Full rewire, extensive plumbing, building work to include new stud walls, remove existing kitchen in the outrigger, new kitchen, new damp proof course with 30 year guarantee, new bathroom and shower room, including reconfiguration, interlinked smoke alarms, 30 minute fire doors and closers, other HMO compliant items, plaster re-skim and decorate, tiling, new flooring, repair rear wall, render and paint back wall of the property, provision of furniture and delivery of gas and electrical safety certificates.
End terraced house, Rydal Street, Leigh, Gtr Manchester – 4 bed HMO
We converted a three bedroom house into a four bedroom HMO.
Purchase price: £53,000
Refurbishment: £31,000
Gross income: £13,440
Gross yield: 16%
Full rewire, extensive plumbing, building work to include new stud walls, remove existing kitchen in the outrigger, new kitchen, new damp proof course with 30 year guarantee, new bathroom suite including reconfiguration, interlinked smoke alarms, 30 minute fire doors and closers, other HMO compliant items, plaster re-skim and decorate, tiling, new flooring, repair rear wall, render and paint back wall of the property, provision of furniture and delivery of gas and electrical safety certificates.
End terraced house, Chancery Lane, St. Helens – 4 bed HMO
We are converting a three bedroom house into a four bedroom HMO.
Purchase price: £53,000
Refurbishment: £37,000
Gross income: £15,600
Gross yield: 17.3%
Full rewire, extensive plumbing, building work to include new stud walls, block off archway between lounge and dining room, new kitchen, new damp proof course with 30 year guarantee, new bathroom suite including reconfiguration, interlinked smoke alarms, 30 minute fire doors and closers, other HMO compliant items, plaster re-skim and decorate, tiling, new flooring, provision of furniture and delivery of gas and electrical safety certificates.
Testimonial for this property:
“Great experience with OHPI. My first time to work with David and his team and bought an HMO in St. Helens – the whole project was on time, on budget and without any problems whatsoever. Have since fully let the property in 4 weeks from finish so all went to plan.
Mark L. Shanghai, China
Terraced house in Ince, Wigan – 5 bed HMO
We converted a three bed, two reception room, one bathroom house into a 5 bedroom, one reception room, two bathroom HMO
Project started April 2016 and finished at the end of June 2016.
Refurbishment: £42,000
Gross income: £16,900
Gross yield: 18,6%
Partial rewire, extensive plumbing to create a bathroom and shower room where there was one bathroom, building work to include addition of a new window, creation of new room, replacing section of the outrigger wall and entire roof, loft space brick laying for fire protection, replace all joists and timbers in downstairs floor, new kitchen, new damp proof course with 30 year guarantee, new bathroom suites, interlinked smoke alarms, 30 minute fire doors and closers, other HMO compliant items, plaster re-skim and decorate, tiling, new flooring, provision of coin-operated white goods, furniture and delivery of gas and electrical safety certificates.
Testimonial for this property:
“The team at Open House offered me an end to end solution to my HMO property investment requirements.
They found the property, advised on, organised and project managed the refurbishment, both on time and within the agreed budget and to good standard (the letting agent remarked on how easy the property will be to let due to the standard of finish). They have liaised with the Local Authority and obtained all the necessary certifications to complete the job satisfactorily.
The team have been both courteous and professional and easy to deal with and I look forward to working with them on the next project.”
Damian M. Oxted, Surrey
Pair of terraced houses, Burlington Avenue, Oldham – 2 x 5 bed HMO
For each house we converted a three bed, two reception room house into a 5 bed HMO. The client ended up with 10 lettable HMO rooms.
Project started February 2016 and finished in May 2016.
Refurbishment: £31,500
End value: £170,000
Gross income: £22,100
Gross yield: 15.1%
Full rewire, extensive plumbing, building work to include moving walls to extend room sizes, new kitchen, new damp proof course with 30 year guarantee, new bathroom suite including reconfiguration, interlinked smoke alarms, 30 minute fire doors and closers, other HMO compliant items, plaster re-skim and decorate, tiling, new flooring, provision of furniture and delivery of gas and electrical safety certificates.
Terraced house, High Street, Atherton, Greater Manchester – 3 bed HMO
We converted a two-bedroom house into a three bedroom HMO.
Refurbishment: £31,100
End value: £100,000
Full rewire, extensive plumbing, building work to include moving walls to extend room sizes, move windows including new brick work, new kitchen, new damp proof course with 30 year guarantee, new bathroom suite including reconfiguration, interlinked smoke alarms, 30 minute fire doors and closers, other HMO compliant items, plaster re-skim and decorate, tiling, new flooring, provision of furniture and delivery of gas and electrical safety certificates.
