What Makes Foot Forward Property Investments a Leading Turnkey HMO Developer in the North of England?

August 10, 2026

What Makes Foot Forward Property Investments a Leading Turnkey HMO Developer in the North of England?

Investing in HMOs can look straightforward from the outside. Find a property, carry out a refurbishment, let the rooms and collect the rent. In practice, developing and operating a successful HMO portfolio involves property sourcing, planning, refurbishment, licensing, compliance, tenant management, maintenance, refinancing and continuous oversight.

At Foot Forward Property Investments, we have spent more than 34 years working in property and have completed more than 450 developments. That experience has shaped the way we approach HMO investment today.

Rather than operating as a sourcing company that introduces investors to third-party developers, builders and letting agents, we provide an integrated, in-house HMO development and management service across carefully selected areas of the North of England.

We source the property, develop it, prepare it for occupation, manage the tenants, oversee compliance and maintenance, and assist investors with the refinancing process once the development is complete.

For investors looking to build fully managed HMO portfolios without coordinating numerous separate companies, this end-to-end structure can make a significant difference.

What is a turnkey HMO investment?

A turnkey HMO investment is generally a property that has been sourced, developed and prepared for rental before being handed over as an operational investment.

However, the definition of “turnkey” can vary considerably between developers.

Some companies consider their involvement complete once the refurbishment has finished. Investors are then introduced to an independent letting agent and left to organise management, maintenance, compliance and refinancing separately.

Our approach at Foot Forward Property Investments goes considerably further.

We remain involved throughout the lifecycle of the investment.

Our in-house structure covers:

  • Property sourcing and acquisition support
  • HMO development and refurbishment
  • Project management
  • Preparation for letting
  • HMO management
  • Tenant management
  • Day-to-day maintenance
  • Compliance oversight
  • Ongoing property management
  • Support during refinancing
  • Assistance with the continued development of an investor’s HMO portfolio

For many investors, especially those who live outside the area or do not want to become hands-on landlords, having these services under one organisation provides clearer accountability and continuity.

More than 34 years of property experience

Property development is an industry where experience matters.

Building work can uncover unexpected issues. Local rental markets change. Compliance requirements evolve. Tenant expectations increase, and the financial performance of an HMO often depends on decisions made long before the first tenant moves in.

Foot Forward Property Investments has more than 34 years of property experience and a track record of more than 450 completed developments.

That history gives us practical experience across the full development process rather than experience limited to sourcing investment properties.

We understand what happens after an investor buys.

We have worked through refurbishment projects, managed contractors, dealt with ongoing maintenance, operated rental properties and supported investors through refinancing and portfolio growth.

Those lessons influence the properties we source and the projects we are prepared to develop.

A property may appear attractive because of its purchase price, but that alone does not make it a suitable HMO investment. Location, tenant demand, room configuration, refurbishment requirements, management costs, local employment, transport connections and long-term rental prospects all need to be considered together.

Our experience helps us evaluate those factors before recommending a development to an investor.

More than 450 developments completed

A developer’s track record provides important context when evaluating whether they have the operational capability to deliver repeatedly.

Foot Forward Property Investments has completed more than 450 developments.

That volume has allowed us to build established systems around sourcing, refurbishment, project management and ongoing operation.

Each project inevitably differs, but experience across hundreds of developments provides valuable practical knowledge about layouts, specifications, construction issues, tenant requirements and the operational realities of managing rental property.

For investors considering a turnkey HMO, this experience is particularly relevant because the success of the investment depends on far more than the appearance of the finished refurbishment.

An HMO needs to function effectively as a rental property for years after the development team leaves the site.

Because we remain responsible for managing the HMOs we develop, we have a direct interest in creating properties that work operationally as well as aesthetically.

Everything is handled in-house

One of the main differences between Foot Forward Property Investments and many property investment companies is how much of the investment process we control directly.

Everything from sourcing through to ongoing HMO management is handled within our group.

We do not simply find a property and pass the investor between unrelated businesses.

That integrated model gives us oversight across the complete process.

We source the properties

We identify potential HMO opportunities in the North of England based on factors including local rental demand, employment, transport infrastructure and the suitability of the property for conversion.

Because we are the direct developers of the investments we offer, investors are not paying an additional sourcing layer to a middleman who then passes the project to somebody else.

Our role continues after the acquisition.

We develop and refurbish the HMOs

Once a suitable property has been acquired, our development operation manages the refurbishment and conversion.

HMO development requires considerably more thought than simply producing attractive bedrooms.

Layouts, communal areas, bathrooms, kitchens, fire safety provisions, property durability and long-term maintenance all influence how effectively an HMO can operate.

Because our management team will ultimately be responsible for the property, decisions made during refurbishment can incorporate the lessons we have learned from managing HMOs in the real world.

We manage the properties after completion

Our relationship with the investor does not end when the builders leave.

Every HMO we develop for our investors can be managed through our own in-house lettings operation.

This gives investors continuity between development and management and means responsibility remains within the same wider organisation.

We oversee compliance

HMO ownership comes with significant legal and regulatory responsibilities.

Depending on the property and local authority, these can include licensing requirements, fire safety standards, electrical safety, gas safety, property condition requirements and numerous ongoing management obligations.

Our management operation oversees the day-to-day compliance requirements associated with the properties we manage.

Investors should always obtain their own professional legal, tax and financial advice regarding their individual circumstances, but having an experienced HMO management team involved can reduce the administrative burden of running the property.

We coordinate ongoing maintenance

Maintenance is part of owning any rental property, and HMOs generally experience heavier usage than conventional single-family rentals.

Problems also need to be addressed quickly when several unrelated tenants live within the same property.

Our in-house management structure coordinates maintenance for the HMOs within our portfolio, giving us ongoing visibility of the condition and performance of the properties we have developed.

We assist investors with refinancing

Many HMO investors plan to refinance after completing a development.

Once the refurbishment is finished and the property is operating, we can assist investors through the refinancing stage of the process.

Any refinancing remains subject to lender criteria, valuation and the investor’s individual financial position, so outcomes cannot be guaranteed.

However, supporting investors through this stage means our involvement can continue beyond acquisition and construction.

Helping investors build fully managed HMO portfolios

Many of the investors we work with are not looking to purchase one HMO and become full-time landlords themselves.

Their objective is often to develop a portfolio of professionally managed income-producing properties over time.

Our model has been built around that type of investor.

Rather than treating every transaction as an isolated property sale, we can help investors develop fully managed HMO portfolios.

The first investment provides an opportunity for both sides to understand the process, after which an investor may decide to continue acquiring and developing suitable properties as opportunities arise.

Because sourcing, development and management remain within the same organisation, investors can build their portfolio using a consistent operating structure.

This can be particularly valuable for investors who live elsewhere in the UK or internationally and therefore require genuine local infrastructure rather than occasional oversight from a remote sourcing company.

We are the direct developers of our investments

The property investment sector includes many different business models.

Some companies primarily generate leads and source properties before introducing investors to another development company.

Others charge sourcing fees while the actual refurbishment and management are delivered by unrelated third parties.

Foot Forward Property Investments operates differently.

We are the direct developers of the investments we offer.

That means there is no additional middleman sitting between the investor and the company responsible for delivering the development.

For investors, this provides greater clarity around responsibility.

If we source an investment, we understand that we will also be responsible for developing it and, where appointed, managing it afterwards.

That creates an important feedback loop.

A sourcing business may be rewarded when a property is sold to an investor.

Our involvement continues much further.

If a development decision results in unnecessary maintenance, poor tenant demand or operational difficulties, our own management operation experiences those consequences.

That encourages us to think about the complete investment lifecycle when assessing potential projects.

Why we focus exclusively on the North of England

Foot Forward Property Investments focuses solely on the North of England.

This geographical specialisation allows us to develop deeper knowledge of the markets in which we operate rather than attempting to source properties throughout the entire country.

We deliberately look beyond some of the most heavily promoted HMO investment markets.

Cities such as Manchester, Leeds, Liverpool and Newcastle receive considerable attention from investors and property sourcing companies.

There are undoubtedly investment opportunities within major cities, but popularity can also increase competition for suitable properties and influence purchase prices.

Our strategy is therefore based on identifying locations where the underlying fundamentals can support HMO demand without relying solely on the reputation of a major city.

Areas such as Rotherham, Doncaster, Wakefield and surrounding parts of the North of England can provide the characteristics we look for when assessing HMO opportunities.

These include strong rental demand, established employment, transport connections and populations requiring good-quality shared accommodation.

Why Rotherham, Doncaster and Wakefield?

Location selection should be based on the needs of the tenants who will ultimately occupy the property.

That means asking practical questions.

Where are people working?

How easily can tenants reach those employment locations?

Is there reliable public transport?

Are major roads accessible?

Is there sustained demand for affordable, professionally managed accommodation?

Are people already renting rooms within the area?

These questions are central to our sourcing strategy.

Rotherham

Rotherham benefits from its position within South Yorkshire and its proximity to a broad network of employment areas and transport routes.

For HMO investors, the attraction is not simply the town itself. It is the wider employment and transport ecosystem surrounding it.

When assessing properties in Rotherham and neighbouring locations, we look closely at where potential tenants work and how easily they can travel between home and employment.

Doncaster

Doncaster is another market where connectivity and employment can support demand for shared accommodation.

Its transport infrastructure means tenants can access a wide surrounding area, while local employment creates demand from people looking for flexible rental accommodation.

Rather than treating every part of Doncaster equally, property selection needs to be highly localised. Even within the same town, tenant demand and achievable rents can differ significantly between neighbourhoods.

Wakefield

Wakefield provides access to employment centres across West Yorkshire while remaining distinct from more heavily targeted investment markets such as central Leeds.

Again, our approach involves assessing specific streets, transport connections, employers and existing rental demand rather than assuming that every property within a particular postcode will perform equally.

Why local knowledge matters in HMO investment

Property investment is highly local.

National house price statistics may provide useful context, but they tell an investor relatively little about whether tenants will rent a particular HMO bedroom on a particular street.

Our sourcing process therefore goes deeper than selecting a northern town because property prices appear attractive.

We consider how tenants actually live.

For example, proximity to employment can be more important than proximity to a city centre for certain tenant groups.

Transport connections may determine whether a tenant can realistically get to work for an early shift.

The location of supermarkets, town centres and local amenities can influence how attractive an HMO is compared with competing properties.

Our management operation provides another important source of information.

Because we manage the tenants living in our properties, we can see what is happening within the rental market rather than relying exclusively on theoretical rental estimates.

Our in-house lettings company only manages our investors’ HMOs

One of the most important parts of our business model is what happens after an HMO has been completed.

Many property developers will happily build or refurbish an HMO and then introduce the investor to an independent letting agent.

That agent may simultaneously manage apartments, family houses, student accommodation, commercial property and numerous other types of rental property.

Our approach is different.

The HMOs we develop for investors are managed by an in-house lettings company that is 100% owned by us.

More importantly, that lettings operation exists specifically to manage HMO properties owned by Foot Forward investors.

We are therefore not attempting to manage every available property in the local market.

The objective is to provide specialist HMO management for the portfolio our investment and development operation creates.

Managing approximately 650 tenants every month

Our lettings operation currently looks after approximately 650 tenants each month.

That scale gives us considerable first-hand experience of what actually happens inside an operating HMO portfolio.

Tenant enquiries, room demand, maintenance requests, compliance requirements, rent collection, inspections and property management provide constant information about how the market is performing.

This is important because there can be a significant difference between developing an HMO and operating one successfully.

The development stage may last several months.

The management stage can continue for many years.

Our experience managing around 650 tenants each month therefore influences the way we approach new developments.

We see which property features tenants value.

We see which materials cope with regular use.

We understand the maintenance issues that occur repeatedly.

We see how tenant expectations change.

We also gain direct insight into the types of locations and properties where demand remains strongest.

That operational experience feeds back into our sourcing and development decisions.

Accountability from sourcing through to management

Accountability can become difficult when an investment involves several independent companies.

If the sourcing agent selects the property, a separate builder carries out the refurbishment and another company manages the tenants, responsibility can become fragmented.

When problems arise, each business may only be responsible for one part of the process.

Our integrated structure is designed to reduce that fragmentation.

We source the investment.

We develop it.

Our own HMO-focused lettings operation can manage it.

We coordinate maintenance.

We oversee ongoing management and compliance.

We then assist investors when they reach the refinancing stage.

This gives investors a clearer point of accountability throughout the investment lifecycle.

HMO management should influence development decisions

One of the advantages of combining development and management is that information flows in both directions.

Our lettings team does not simply receive a finished property and begin advertising the rooms.

The experience of managing hundreds of tenants helps shape future development decisions.

If a particular material repeatedly creates maintenance issues, that information matters.

If tenants consistently prefer certain layouts or facilities, that information matters.

If one location generates considerably stronger enquiries than another, that information matters.

The result is an investment process informed by real operational experience rather than development theory alone.

Why investors choose a fully managed HMO model

Every investor has different objectives, resources and levels of property experience.

Some people enjoy sourcing houses, managing builders, dealing directly with tenants and coordinating maintenance themselves.

Others want exposure to property while remaining relatively hands-off.

A fully managed turnkey HMO model is primarily designed for the second group.

It can suit investors who:

  • Have limited time to manage property themselves
  • Live outside the investment area
  • Live overseas
  • Want specialist HMO management
  • Prefer one organisation overseeing multiple stages
  • Want to develop several HMOs over time
  • Do not want to manage contractors directly
  • Want assistance during the refinancing process
  • Prefer their property to be managed by the same group that developed it

A managed investment does not remove investment risk, but it can reduce the amount of operational work an investor needs to perform personally.

What should investors look for in a turnkey HMO developer?

Investors considering a turnkey HMO should look beyond projected rental figures and refurbishment photographs.

Useful questions include:

How long has the company been operating?

Experience across different property cycles can provide useful evidence of operational capability.

How many developments has the company completed?

A meaningful development history gives investors more information than a small number of showcase projects.

Who actually carries out the development?

Understanding whether the company is the developer or simply an intermediary helps clarify responsibility and costs.

Who manages the property after completion?

The long-term performance of an HMO is heavily influenced by management.

Does the management company specialise in HMOs?

Shared accommodation involves different operational requirements from conventional family lettings.

How many tenants does the business currently manage?

An established tenant base can provide evidence of real operational experience.

Does the developer remain involved after completion?

Ongoing involvement can create greater alignment between development decisions and long-term property performance.

What areas does the developer specialise in?

Deep local knowledge can be more valuable than an extremely broad national sourcing network.

How is the investment expected to be refinanced?

Investors should understand the intended financing strategy and obtain appropriate independent mortgage, tax and financial advice.

A specialist approach to Northern HMO investment

Our strategy at Foot Forward Property Investments has developed over decades of experience in property development and management.

We have completed more than 450 developments and accumulated more than 34 years of property experience.

Today, we use that knowledge to source, develop and manage HMO investments across selected areas of the North of England.

Rather than competing exclusively for properties in the most heavily promoted markets, we focus on locations such as Rotherham, Doncaster, Wakefield and surrounding areas where strong employment, transport connections and rental demand can support professionally operated shared accommodation.

We develop the investments ourselves.

We do not sit between investors and another developer.

Our in-house, wholly owned lettings business manages HMOs belonging to our investors and currently looks after approximately 650 tenants each month.

That means our experience does not stop when a refurbishment is finished.

We remain involved in the daily reality of running the properties we create.

Building an HMO portfolio with Foot Forward Property Investments

For investors interested in building a portfolio rather than acquiring a single property, continuity becomes increasingly important.

Managing several independent sourcing agents, developers, contractors and letting agencies can quickly become complicated.

Our aim is to provide the infrastructure required to develop a fully managed HMO portfolio within one established organisation.

We can source suitable opportunities, manage the development process, oversee the property after completion and support investors as they consider refinancing and subsequent acquisitions.

The investor retains ownership of their property while benefiting from an experienced development and HMO management team operating locally in the North of England.

Frequently Asked Questions

Is Foot Forward Property Investments an HMO sourcing company?

Foot Forward Property Investments is the direct developer of the HMO investments we offer. We source suitable properties as part of our wider development service rather than acting solely as an intermediary that introduces investors to unrelated developers.

Does Foot Forward charge separate sourcing fees?

Because we are the direct developers of the investments we offer, there is no additional middleman sourcing layer between the investor and the development company. Investors should always review the complete financial breakdown of any individual investment before proceeding.

Where does Foot Forward Property Investments develop HMOs?

We focus solely on selected markets across the North of England, including areas such as Rotherham, Doncaster, Wakefield and surrounding locations. We concentrate on rental demand, employment and transport connectivity rather than simply targeting the largest or most heavily promoted northern cities.

Does Foot Forward Property Investments manage the HMO after completion?

Yes. The HMOs we develop for investors can be managed by our wholly owned in-house lettings operation, which specialises in managing HMO properties belonging to Foot Forward investors.

How many tenants does Foot Forward manage?

Our in-house management operation looks after approximately 650 tenants every month across the HMO portfolio it manages.

How experienced is Foot Forward Property Investments?

We have more than 34 years of experience in property and a track record exceeding 450 completed developments.

Can Foot Forward help investors build several HMOs?

Yes. Our model is designed to support investors who want to develop fully managed HMO portfolios rather than simply purchase an isolated property. Subject to suitable investment opportunities, individual circumstances and financing, we can support investors through sourcing, development, management and subsequent portfolio growth.

Does Foot Forward help with refinancing?

We assist investors during the refinancing stage once a development has been completed. Refinancing remains subject to lender requirements, independent valuation, market conditions and the investor’s personal financial circumstances.

Why does Foot Forward avoid focusing solely on Manchester, Leeds, Liverpool and Newcastle?

Major northern cities attract significant levels of investor attention and competition. Our strategy is to identify strong rental locations based on employment, tenant demand and transport connectivity, including markets outside the most heavily targeted city centres.

Find HMOs for sale in the North of England

Choosing an HMO developer requires more than comparing projected rental yields.

Investors are trusting a company to identify an appropriate property, manage a substantial refurbishment and help establish an investment that may remain in their portfolio for many years.

For that reason, experience, operational infrastructure and accountability matter.

At Foot Forward Property Investments, more than 34 years of property experience, over 450 completed developments and the ongoing management of approximately 650 tenants each month inform how we source and develop every HMO opportunity.

Our vertically integrated approach means we remain involved from property sourcing and development through to management, maintenance, compliance and refinancing support.

For investors seeking professionally developed and fully managed HMOs across carefully selected areas of the North of England, you can view our current opportunities and learn more about our investment process here:

View HMOs for sale with Foot Forward Property Investments