Bath-based PPP Partner Cathy Colston featured in this weekend’s Telegraph, speaking of her successful investment inHMOs for young professionals.
The article, written by Personal Finance Editor, Richard Dyson, explored how Cathy had been able to replace her salary in four years by generating exceptional levels of rental income. This has been achieved by following the PPP model.
Cathy explained how developing and managing a successful portfolio of HMOs can be challenging but financially achieve the best returns: “HMOs are more complex and involve more input and time. I don’t think they are for part-time buy-to-let investors or beginners. But they do offer the best returns.”
Cathy joined PPP in 2011. With a small portfolio of residential and commercial buy-to-let properties already in operation, she was specifically looking for a way of achieving the highest possible returns from property. Her aim was to earn a substantial income now and also boost her income in retirement.
She refers to the HMO route of buying-to-let as an ‘absolutely fantastic strategy in terms of returns.’ PPP helped Cathy to maximise the income and minimise the risks of HMO portfolio development.
The full article also features Cathy’s top tips for would-be investors.
Following her piece in The Daily Telegraph, Vanessa Warwick of Property Tribes talks more to Cathy about how PPP helped her build a successful portfolio of HMOs – you can watch the interview on the Property Tribes website.