What's the realistic minimum budget for a full HMO conversion (refurbishment + furnishings) on a standard 3-bed terraced house in a low-value area (e.g., parts of the Midlands), and what hidden costs should I factor in for compliance?
Quick Answer
A full HMO conversion on a 3-bed terraced house in a low-value area can cost between £30k-£50k for refurb and furnishings, plus £5k-£15k for hidden compliance costs.
About This Topic
Discover the realistic budget for a 3-bed HMO conversion in the Midlands, including refurbishment (£30k-£50k) and critical hidden compliance costs (£5k-£15k).
This question is part of our Buying Your First Property category, providing expert guidance on UK property investment.
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