HMO Conversion, North Belfast

HMO Conversion Completed in North Belfast

We are thrilled to announce the successful completion of our latest HMO conversion project! This remarkable transformation was made possible through our partnership with Elizabeth McErlean. Together, we acquired and converted a 5-bedroom, 3-storey, end-terraced property situated in North Belfast.

Project Highlights

Our MCG Construction team meticulously carried out all refurbishment works, ensuring the property met the highest standards. The comprehensive scope of work included:

– Exterior Works: Rendering and repair of gable and side walls to enhance the property’s exterior.
– Interior Works: Painting and repairing all internal walls and ceilings to create a fresh, inviting atmosphere.
– Fire Safety: Supplying and installing a state-of-the-art fire safety system and replacing all doors with fire doors to meet stringent safety regulations.
– Kitchen Upgrade: Installing new kitchen appliances to provide modern conveniences.
– Staircase Renovation: Sanding, repainting, and repairing the stairs and steps to ensure safety and aesthetics.
– Thermal Insulation: Installing thermal boards, skimming, drylining, and painting one of the bedrooms, which was in very poor condition, to improve energy efficiency and comfort.
– Bathroom Conversion: Splitting the main bathroom into two shower rooms and installing new sanitary ware to maximize functionality and convenience.
– Furnishing: Furnishing the property throughout in accordance with HMO Licensing standards to provide a comfortable and compliant living space for tenants.

Investment Performance

This excellent investment property is set to generate a Return on Capital Employed (ROCE) of 23%, demonstrating the value and profitability of our meticulous approach to property development.

If you’re interested in learning more about our HMO conversion projects or exploring investment opportunities with MCG Property Group, please get in touch with our team.