Lancashire Hill and your Investment Portfolio
If you've navigated your way to this particular page, then you're probably already well aware of the fantastic Investment opportunities on the Fylde Coast. Perhaps you have a portfolio and you're looking for a better return, or maybe you're about to buy and need a locally based management company to ensure you don't end up regretting the day you typed 'Blackpool' into the Rightmove search engine.
We currently work with a small pool of Investors, identifying suitably sized properties in selected areas for them to add to their Portoflio. They fund and we organise the required refubishment through ‘Lancashire Hill Developments’, bringing the house in line with our exceptional standards, then we find the tenants and manage the property for a completely 'hands off' return.
"The aim of our business is to reward those Landlords who are prepared to invest in a high end offering, by connecting them with appreciative tenants who have the aspiration to enjoy such a home. We make an income in the process and get to do what we love, create beautiful products that everyone can be proud to be associated with".
ok, what's so good about blackpool?
Historically, there has been large demand for very average multi-let / bed sit style housing in Blackpool however, there is an emerging requirement for a higher class of shared accommodation from a generation of people saving up for their own homes or working on shorter term contracts without wanting or being able to afford to rent a whole property. When we launched in 2016, we had a vision of changing the face of shared living in Blackpool, landing us at the forefront of this exciting emerging market and positioned as the leading High-End HMO management company in the area.
what about licensing and article four?
HMO licensing in Blackpool is rigourously enforced because the town is saturated with badly maintained properties owned by unscrupulous Landlords and mismanaged by Agents quite probably at their wits end. However, there remains the need to meet the demand for quality accommodation so the local authorities carefully regulate shared housing to ensure the right landlords and properties are available to rent. You'll be pleased to know that we adhere to both the legal and moral obligations placed upon us as HMO Landlords and have a solid working relationship with both the Licensing team and Planning department at Blackpool Council. Five of the properties in our portfolio are licensed HMO. April 2020 sees the introduction of the ‘Raikes Hall’ Article Four area where Permitted development rights to turn residential properties (C3) into small HMO (C4) will be revoked.
Do you provide this exceptional offering in other areas?
Together with our Co Living Partner, Blue Sky Spaces, we have ten properties in Blackpool with an eleventh under extensive renovation - offering five bedrooms and two en-suites. Expansion into other areas is on the horizon. In the coming months we will be covering a broader area of the Fylde Coast as we begin working on a five bedroom, all en-suite executive property in Cleveleys.