ESTABLISHED HMO DESKTOP APPRAISAL FORM
£250 + Vat
An extensive remote appraisal of your HMO/HMO development that will include an insight into the current or proposed valuation, expected rental income (if required), yield expectations and the long term value potential.
We collect our information from dozens of resources and from within a network built over many years and thousands of HMO valuations to establish a clear understanding of your HMO’s (or proposed HMO) value and this can be from a sales or lender’s perspective.
Our typical desktop valuations are for the following reasons:
What’s included?
- Extensive remote property appraisal
- Evidence-based guidance on the current valuation
- Comparable evidence from our network of sold HMOs or recently refinanced HMOs
- A clear breakdown of the local yield and where we expect them to be across the next 12-24 months
- An overview of the location and the validity of the HMO and the room rates
- An HMO saleability score and a guide on who the likely buyer might be
- A professionally presented report
Please note that these valuations are undertaken by an experienced HMO valuation and sales team lead and generated based on many years experience within the industry. They are not, however, a RICS valuation or to form part of any mortgage related valuation. Due to our reputation within the industry, our reports carry good weight with lenders and surveyors but we cannot guarantee a lender will agree based on their own calculations or assessment of your individual circumstances.
Upon receipt of full payment and the required property information, HMO Sales Expert will generate the valuation report within 14 days. The completed report will be sent via email to the address provided on the application form. This timeframe is subject to the timely submission of accurate and complete information.