What's the absolute minimum startup capital needed for a basic rent-to-rent HMO in a Tier 2 UK city, considering legal fees, first month's rent, deposit, and initial refurbishments?
Quick Answer
For a basic rent-to-rent HMO in a UK Tier 2 city, you'd be looking at a absolute minimum startup capital of £5,000-£8,000, covering deposit, first month's rent, basic furnishing, and legal/setup fees.
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Discover the minimum startup capital for a UK rent-to-rent HMO in a Tier 2 city. Learn about essential costs like deposits, legal fees, and furnishing to get started.
This question is part of our Buying Your First Property category, providing expert guidance on UK property investment.
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