Investing in a article 4 area (Leeds)

[lars_steinbrecher 0]

Hiya,

I am London based and started a while ago to focus on Leeds as my investment area. I have bought my first BTL in York about a yar ago and now looking to do student HMO's in Leeds around Headingley. It is article 4 yes, and while one does pay a bit of a premium for that you also get piece of mind of not having to worry about future competition (new HMOs pop up left right and centre these days) and a very low amount voids. So I don’t think it’s all bad. Also from deals i am finding, the number still stack up quite well (i.e. 15% ROI in a ltd with full mgmt.)

Anyway, I started talking to a few investors focussing on that particular strategy and just posting this to connect to some more people that i could exchange knowledge and experiences with. But also interested to hear what you have to say about investing in an Article 4 area.

I am very open to have a chat over phone or coffee, am just really keen to learn more and also share my knowledge.

Feel free to contact me here or via e-mail: l.m.steinbrecher@gmail.com

Thanks,
Lars