HMO BUSINESS MODEL
Definition: HMO – House in Multiple Occupation
A house or flat split into bedsits where the tenant has exclusive use of their room but shares a kitchen or bathroom and WC.
Sirer HMO investment business model is based on purchasing an un-modernised property, usually a house, but can be a large flat, which is upgraded, re-configured and or enlarged so as to increase the number of letting bedrooms to maximise the income potential.
Re-Configuration & Enhancement of Property
Bedrooms: The living rooms are converted into bedrooms, with en suite shower / toilet & small kitchenette.
Common Areas: Upgraded kitchen extends to lounge / dining area. The common parts, must facilitate occupation by unrelated multi-occupancy tenants, hence thick carpeting in hallways, double fridges and ovens, room locks, good neutral finishes and quality furniture, all this creates the feel of harmony and professionalism from the point of view of the tenant, therefore necessitating a better care of the dwelling by the tenant and therefore higher rents achieved.
About us
Sirer HMO Residences is an up-scale HMO Private Rental Sector property owner / operator expanding in strategic towns / cities in Southern England.
- Sirer HMO Residences builds strategic local partnerships to bring local knowledge and expertise to expanding property portfolio
- Gross rents increases 300% plus
- Benefits for tenants of rental cost savings 30-40%
- Adding value & improving sub-standard rental stock
- Sirer HMO Residences are aligned with UK property trends for downsizing & National & Local Government Housing PRS objectives.
reach us for more info
EXAMPLE FLOOR PLANS
Oxford Road
Cavendish Avenue
Before
After
Before
After
Our team
Ersin sirer
Founder & Chairperson
Ersin Sirer, the founder, has a wealth of experience & expertise in developing and investing in the UK property market. His broad experience ranges from 30 years of long-term property rental investments, Prime London developments, New Build developments, Commercial to Residential developments and facilitator of Mezzanine debt for developers. He has also headed property investment syndicates investing in UK and international real estate. Ersin’s firm belief is that opportunity comes from a good network of well connected people, delivering results based on firm current market conditions and future analyses of where the market is heading
JOSE DA SILVA
Head of Construction
NATASHA DROBYSHEVA
Executive PA
ASSOCIATIONS & PROFESSIONAL RELATIONSHIPS
