Marweston
7-bed HMO Conversion, in Rochester.
The Marochester project involved the transformation of a three-bedroom terraced house in Rochester into a high-performing seven-bed HMO, comprising all ensuite rooms and one self-contained studio room.
We managed the scheme from initial concept and detailed space planning through to finishes specification, furniture selection, and full staging, ensuring a cohesive, design-led product positioned above the local market standard.
Each room was carefully configured to maximise spatial efficiency while maintaining generous proportions, integrated storage, and contemporary ensuites. A consistent interior palette and quality furnishings were selected to create a premium yet durable living environment tailored to the target tenant demographic.
The client acquired the property for £265,000 with a development cost of £225,000, the total investment delivered a revaluation of £665,000. Achieving average rents of £875 pcm against a local benchmark of £750 pcm, the property generates an annual rent roll of £73,500 and an infinite return on investment.
This property was all tenanted within two weeks, and it now commands the highest rents in the area, ensuring a superb ROI for our client.