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How to Find a HMO Property on Rightmove - YouTube
Channel: Samuel Leeds
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okay so this is a quick video on how to
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find HMO properties on Rightmove so we
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have got a five-point checklist so the
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first thing we're going to do is we're
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going to go on to right mukarat UK and
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we're going to decide that area now of
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course it has to be an area where by
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there's a high demand on Sparrow bucket
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at UK so usually you already have an
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area in mind so in this point we're
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going to do
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Wasel water Hampton and if we go spare
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room if you're looking for an area
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outside of Warsaw all over Hampton
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you're going to type in a city so we can
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try Birmingham rooms wanted search now
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and you'll see that there's 572 people
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looking there's lots and lots of demands
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people looking for rooms if we put
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Walsall in here it's not quite the same
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as Burma go but the houses are cheaper
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but we've still got 69 people looking
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with lots of new people which is not too
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bad Wolverhampton new today new today
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new today we've got people looking more
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handsome now this training video is
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about how to find properties on
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Rightmove not like how to find your
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patch because there are certain issues
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that there were some areas where you
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can't buy HMOs because of our to perform
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and things like that so we're just going
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to work on the base that we're looking
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at so Wolverhampton one second all right
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sorry well I just have to tell the guys
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next door to be quiet
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okay so search this area only price
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range if it's less than 60 grand it's
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going to be absolutely rubbish it's
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going to be run down its with auction so
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honestly lose 70 grand
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and we're going to go to 1:10 number
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bedrooms three property type has to be a
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house added to the solids in this case
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I'm really anytime if you're doing this
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everyday you doing it regularly you
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could just every day say what's new in
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the last 24 hours
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and it's saying you haven't fished
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through everything but weathers could do
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anytime include under up for souls in
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this case know if I was doing every day
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I probably would just to see what what
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would come up but no so I can great
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we've already got a soul property this
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come up and I didn't want to see the
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soul properties so let's change this to
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change your filters click a hair filter
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and and it's like anytime
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I can't see where the layout of right
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now is just change seems to change on a
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day-by-day basis so let's do this again
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water Hampton this area only 70 grams to
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110 three bedrooms houses ah you only
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respond ticked right here we go
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so straight away I can see that this
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house is a good house because it's in
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good condition all the looks of things
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yeah it's in good condition it's got to
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reception rooms sell
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Center it doesn't look too far away it
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says it's point two miles away from a
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train station which is good but how do
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we find out if this if the area is good
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if it's close to the center but what we
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have to do is we have to get the address
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now again if it's a really long street
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you might need to find out the number
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but in this case four straight is just
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quite a small street so it will to give
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us a clearer indication where it is so
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call those people answer we're going to
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go on Google we're going to get a map
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open and directions and let's type in
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Wolverhampton and this will be snap bang
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on in the center of all Hampton and it
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says it's ten minutes 2.1 miles
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however that's when you're driving but
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we're not going to be driving we're
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going to be taking the bus so there's a
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little bus icon here and if we click
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that it now says 13 minutes boom that
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word forget it's got to be 13 minutes
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I'm sorry 15 minutes less from the city
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centre so on the bus you can get there
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within 15 minutes
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so the location works the condition
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works it's got four rooms all the four
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rooms big enough well let's have a look
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one two three
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smallest room is ten by six eleven oh
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that is just shy of 70 squared fear
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needs to be seventy square feet and that
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is just shy with being that close I
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might be tempted to book it in anyway
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but you've got to draw the line
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somewhere so let's see just to show you
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how this works there's a really nice
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little app somewhere I think it's this
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one this one will do so it's going to be
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ten by six eleven and that is sixty nine
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point one six in that if it's that close
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I will probably be tempted to just go
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ahead and book it so that house pretty
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much ticks all the boxes it's on for 110
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which is a little high because we're
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like 25,000 pounds per room and this is
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a tiny bit more than that
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so what I intend to do is bring the
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agent let's just save the property and
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ask then are they open to options it
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just say offers in region of so that is
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how you find a property we're going to
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find one more just to give you guys a
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real idea of how this how this works so
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these are all 110 so really I mean
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ideally we want to go ton cheaper now
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this I can see straight away it's
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auction which is no good so you always
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wanted to have a quick look at the
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description for you click into something
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again this is bortion unfortunately
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there's no way of searching not let's
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not look at auction properties I wish
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there was so this property here the
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conditions good price okay
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I always like to look at a floor plan so
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you've really three bedrooms and you two
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deception rooms but I can already tell
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what a floor plan that that bedroom
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looks climbing so let's see okay okay so
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that Thai name but it is still smaller
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than the 70 squared feet you've got your
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two reception rooms kitchen three
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bedrooms bathroom and an outbuilding WC
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which is great but that one room
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unfortunately is not going to be big
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enough if the property is absolutely
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amazing but the only problem is the
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smallest bedroom you can move partition
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walls sometimes so it might be that you
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could literally move this wall and put
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it here and then make that room bigger
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she was like a really big hallway so
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sometimes we can't still be your
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properties but you know you don't want
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to waste time you don't want to clutch
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at straws let's see if we can see a
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picture of this hallway upstairs
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there isn't a picture of the hallway so
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yeah I mean it's okay
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it doesn't Meijin Xie I mean it yeah
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it's decent condition the kitchen looks
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pretty small it's okay you can possibly
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make it work but it's not an absolutely
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amazing one so let's see what else we
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got
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right hardy square okay condition looks
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okay
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was a really quick way to let it go I
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can see straight away this is no good
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because it's got three bedrooms and
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third bedrooms too small it's only got
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one reception room again if that
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reception room was absolutely massive
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and this room is big you could put a
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partition wall and turn into two but in
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this case it's just not going to work
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right this one again this looks very
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country so let's have a quick look the
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area it doesn't look like the areas good
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it's two point eight miles from the
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nearest train station and I can see
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straight away this is way too far out of
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the town for it to work so that one's
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not going to work all right that one's
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not going to work you see this is a it
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can be very time-consuming especially
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when you're looking at loads but what
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you'll find is if you do this every day
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it will probably only take you like
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maybe 10 20 minutes to do an area so
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it's not that bad right this one it's
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annoying it's not many pictures it's got
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to reception rooms it looks like it's in
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a good location it's not too far but I
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can because it's on an offer main road
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it's always good if it wasn't like here
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it'll be no good but because it's off
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the main road that is not bad let's do a
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route planner and see how far away it is
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so it's Douglas place it's all you're
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going to do is you're going to type in
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Douglas place warm Hampton from warm
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Hampton okay 16 minutes so it's it kind
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of joy just over and now it was
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absolutely perfect four bedroom two
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hundred gram really it in 16 minutes you
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might in order to let that pass because
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say a minute over when you start being
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too compromising when everything that's
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when you can simply have slightly bad
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properties so with this one the area's
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kind of just throughout potentially
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that's practically no description on the
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condition or on the sizes and see if
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there's a brochure sometimes that can be
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more details if you click on the
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brochure and there's very little so in
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this case I bring up the agent and I
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just say what's the condition like
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what's the crack what are the room one
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of the room measurements and things like
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that but we can't really be excited
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about that with so little details let's
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have a look at this one color down the
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road I bought one in Caledonia Road
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alright before
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conditions look sprays yeah absolutely
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brilliant but what else you've got a
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dining room you've got a modern an
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allowance and a kitchen diner brilliant
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let's see the very measurements I always
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rush did you see the third room further
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rooms big brilliant one two three big
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rooms kitchen diner okay this could be a
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fine bed because you could potentially
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do the kitchen diagur as your communal
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area and then turn these both into a
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bedroom I know the area is good but
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let's just click on it and I'll be able
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to show you so again you can see that
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it's really close to the center I can
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tell without doing a planner that this
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one's going to be okay but if you wanted
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to do a planner now Caledonia Road how
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big is it okay so it's not too big it's
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quite small remember if it's a really
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big road you're going to find the door
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number and do an exact route planner but
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in this case because Caledonia Road is
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not big you can see I've already found
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that two or three good properties just
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in the last 12 10 minutes so okay it's
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11 minutes on the bus to the center and
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you can walk it in 23 minutes that's a
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good sign
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that's a good sign so the the location
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is brilliant the condition is brilliant
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and price is brilliant
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and you've got three bedrooms and two
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reception rooms and that is one that we
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need
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- get in - absolutely ASAP so as you can
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see in the last sort of you know ten
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minutes or so I found two or three good
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properties and that is what we wanting
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to do so every day living off them
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that's how you find properties so just
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do a kind of recap and go over the five
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boxes location it needs to be 15 minutes
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from within the center usually that's
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within one and a half miles away there
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needs to be four-letter ballrooms
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minimum and they need to be at least 70
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square feet the maximum asking price is
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305 I mean if you sort of look at the
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properties at one for 115-120 it's just
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it's just not gonna it's just not gonna
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fly
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and also year last thing no auction
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properties no fifty percent shares and
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they've cash offers only just read the
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description and just check that there's
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no catches no problems before saving it
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and then that is how you find HMOs
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online
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