Converting properties into HMOs can be a fantastic strategy for many investors. That is particularly true in different parts of London where high house prices and lack of supply creates big demand for rooms. However, you need to be careful and must ensure you understand the legal obligations. This includes getting permission for the conversion and obtaining a licence. We want to have a closer look here, sharing our expertise in the area. You can rely on us to assist as well as offering exceptional services like guaranteed rent in Barking and Dagenham.

Important things to keep in mind

As we said, there are legal obligations with HMOs. You can’t simply convert a property; you must get planning permission first. If you don’t, there could be serious legal repercussions.

There are two crucial things to focus on when you’re applying for permission for HMO conversion. First is the fact that there are size standards. Bedrooms can’t be tiny and cramped. Always check the guidance for your specific area and ensure rooms comply with minimum size requirements.

Secondly, you’re more likely to get planning permission for HMO conversion if you can showcase there is demand for this kind of housing in the area. So, if you buy a property in an area that is primarily family homes, you may struggle to get approval because HMOs won’t be very common.

Learn from a recent case

If you’re thinking about HMO conversion, a recent case of an application in Barking provides a good learning opportunity. Let’s look at it, then you can speak to us about HMOs, guaranteed rent in Barking and Dagenham, and other topics.

The application was to convert a family home in Alfred’s Gardens, Barking into a nine bedroom HMO with a communal kitchen. While the applicant followed the process in applying for planning permission, council officers rejected the scheme. They were critical of a number of details, including the quality of the accommodation, size of some bedrooms, and the loss of a family-size home. Additionally, they said it would be detrimental to the area.

Neighbours and other locals had been vocal in their opposition to the conversion. They had concerns about the noise, impact on parking, and potential for flytipping and other anti-social behaviour. According to one neighbour, the property already has a history of causing noise and disruption in the area as it had previously been rented to groups of young tenants.

The decision by Barking and Dagenham Council to deny planning permission shows how important it is to think carefully about HMO plans. It is vital to factor in the impact on the area. Look at things like noise, litter, parking, and the impact on housing supplies. You need to make the strongest case in favour of the conversion if you want to stand a chance of getting approval.

Speak to us about guaranteed rent in Barking and Dagenham

The greatest thing for investors when it comes to assets in London is there are so many opportunities. Critically, you can choose properties to suit any strategy, including renting to families, young professionals, students, sharers, and more. HMOs can be a great option, maximising income for the number of bedrooms. Properties in various parts of the city could become a HMO with the right plans and permission.

We’re proud to be one of the most flexible specialists in London. We can provide bespoke solutions for each client, including help with HMOs, property management, and portfolio reviews. Most importantly, we’re the leading name for guaranteed rent in Barking and Dagenham and other locations. So, contact us if you want help to maximise the income from your assets.