A Busy September For the Modus Team
We’ve certainly had a busy and productive September in both of the Modus offices! A few of us took holidays in order to recharge our batteries but we are back now and feeling suitably refreshed! We have all been working hard throughout the month to source new investment opportunities whilst continuing to ensure that your property purchases, refurbishments and lettings progress smoothly. Not that any of us switched off our devices when we were away!
Nick and Hannah have been in overdrive filling your empty rooms in preparation for the new student year. Life has been hectic in the Huddersfield office to say the least! A surprising number of students have left it late to arrange their accommodation this year which has meant that there has been a large influx of students looking for properties at the last minute.
As we’re so busy up in Huddersfield, we’ve been looking for a another property expert to join the team. We haven’t settled on our new superstar yet but watch this space. When we find the perfect person, they will be supporting the refurbishment and lettings process. Right now all projects are under control and we have yielded many impressive results but a bigger team will enable us to help more investors moving forward.
All of our current refurbishments are progressing very well, both in Huddersfield and further afield. A project which was completed just last week has attracted great interest and so suitable tenants have already been found. The property concerned was a large 7-bedroom house which required refurbishment in order to bring it up to the standards required by the current HMO regulations. The transformation we have achieved is impressive and it is now an attractive property in an excellent location! Take a look for yourself:
Two of the previous tenants have been so impressed by the work we have completed that they want to move back in!
But what is happening with our other projects? Well, all of the properties are amazing hives of activity with plastering, plumbing and painting well under way!
We completed on several properties in September. We never let the grass grow under our feet and so some of these have already been let and are now earning income for our clients. Other purchases require renovation before they can be let with some merely needing a spruce up and others a complete refurbishment. There’s no peace for the wicked!
Property Investment in Huddersfield
Huddersfield, like many university towns in the UK is buzzing again with new and returning students. Fresher’s week and the start of the new term is always an exciting time when the town truly comes to life. New students were moving in from the middle of September. Around 24000 students are enrolled at Huddersfield University; with the University only offering around 1600 beds, there is a huge demand for alternative student accommodation which is where we come in! University towns offer excellent investment opportunities for those interested in buy-to-lets. Huddersfield is a particularly good choice as properties can be purchased at favourable prices and so tend to produce excellent yields.
Interested? Contact the team today to learn more!