10/01/2026
FLOOR PLANS FOR OUR NEXT PURCHASE
7 BED HMO INCOMING…
We had this offer accepted before Christmas and aiming to complete ASAP. We’ve managed to slightly tweak the floor plan to help reduce the budget.
Our first quote from the builder was coming in at £255k all in, which makes the project not viable. We have a max budget of £200k all in for a project in the south east.
We managed to work with the structural engineer to reduce the amount of steel required on the ground floor, in order to help reduce the budget. Which means we’ve now ended up with this floor plan downstairs, instead of opening it all up completely. Which we are still really happy with.
‘I’m curious as to what people budget for a 7/8 bed HMO, in terms of build costs, furniture, fees etc?