Open House Property Investments

Open House Property Investment Ltd. operates as a UK-based property investment firm, specializing in sourcing and delivering Houses-in-Multiple Occupancy (HMO) properties and buy-to-let opportunities for private investors. The company's primary objective is to assist clients, which include both private investors and companies, in maximizing their returns from the UK property market. Open House Property Investment provides a comprehensive, hands-off service designed for individuals and entities seeking to invest in property without direct involvement in the day-to-day processes.

The firm offers a full suite of services that encompass the entire property investment lifecycle. This includes the initial sourcing of properties, detailed analysis, and the provision of quotations. Open House Property Investment also manages surveys, engages with solicitors, architects, and planning consultants, and arranges necessary insurance. Furthermore, the company oversees the lettings process and ongoing property maintenance, covering all essential aspects through its network of partners.

The company handles the pricing and delivery of refurbishments and arranges for subsequent management and maintenance. Clients are responsible for providing the necessary funds and feedback, while the company undertakes the operational responsibilities. Open House Property Investment's service model includes several key components. The firm undertakes HMO conversions, sourcing and converting houses to deliver gross yields.

Additionally, the company specializes in Commercial to Residential (C2R) conversions, transforming commercial properties into apartments or HMOs, with clients having the option to retain or sell the converted assets. Single let renovations are also part of their offerings, aimed at refurbishing buy-to-let properties to enhance their appeal and yield. The company operates on a fixed, pre-agreed price where feasible, ensuring transparency with no hidden costs. Clients purchase properties directly, with refurbishment payments made in tranches based on agreed milestones, and a sourcing fee paid upon completion.

The company primarily focuses its operations within the North West of the UK. This geographical selection is based on the region's combination of competitive property prices and robust rental income, which collectively contribute to some of the highest yields available in the UK property market. Open House Property Investment leverages its local knowledge and established contacts within this area to identify and secure suitable investment opportunities for its clients. The firm is committed to transparency, ensuring clients receive detailed answers to their questions and are presented with projects that the company itself would be confident investing in.

Karl Clarke serves as a Director at Open House Property Investment. His professional background includes experience within a family building firm in the North West, which has operated for over three decades. Mr. Clarke has personally managed numerous property refurbishments for both resale and his own investment portfolio.

His experience also extends to working as a consultant for the NHS, where he focused on improving efficiencies and reducing costs. This background contributes to the attention to detail and extensive network of contacts that Mr. Clarke brings to client projects. Open House Property Investment Ltd.

is located at Suite 208, Atlas House, Caxton Close, Wigan, WN3 6XU. The company announced its membership of The Property Ombudsman on September 23, 2016. While Open House Property Investment's core business revolves around HMO conversions, which can include student accommodation, the company does not exclusively brand itself as a provider of Purpose-Built Student Accommodation (PBSA). Their services are broadly aimed at private investors and companies seeking to maximize returns from the UK property market through various property types, including HMOs and buy-to-let.

The focus remains on delivering high-yielding property investments rather than specifically catering to the student housing sector as its sole or primary niche.