A Funded 6-Bed HMO Conversion: What Happens After the Property Developer Show - Property Developer Show

A Funded 6-Bed HMO Conversion: What Happens After the Property Developer Show

One of the biggest advantages of attending the right property events is the opportunity to build relationships that turn into real deals.

This case study highlights how a property developer connected with Roma Finance after meeting their team at the Property Developer Show, leading to the successful funding of a six-bedroom HMO conversion in Norfolk.

The opportunity: 6-bed HMO conversion in Norfolk

The borrower, an experienced property professional with an established portfolio, was seeking funding to acquire and convert a residential property into a six-bedroom HMO.

With a projected GDV of £360,000, the development presented a strong opportunity to create a high-yield rental asset designed for long-term growth.

Funding requirements & deal structure

Roma Finance was approached to provide funding to support the purchase of the property, with the intention for the borrower to subsequently apply for planning permission to convert the asset into a six-bedroom HMO.

The deal:

  • Loan amount: £157,500
  • Initial advance: £137,500
  • GDV: £360,000
  • Term: 12 months

The borrower has estimated works costs of £104,000 to complete the proposed conversion. Should planning permission not be granted, a clear contingency strategy is in place to renovate and retain the property as a standard residential dwelling.

Why speed and relationships matter in property

The relationship between the developer and Roma Finance began at the Property Developer Show, where both parties were able to connect face-to-face, discuss the project in detail, and establish early confidence.

Using Roma Finance’s RomaFLOW product, funding was completed in just 20 days, allowing the borrower to move quickly on the purchase and secure the opportunity.

Scott Brooks, Underwriter at Roma Finance, commented:

“By providing funding in just 20 days through our RomaFLOW product, we enabled the borrower to move quickly on the purchase. It’ll be really interesting to see whether planning is granted for the HMO conversion and I look forward to seeing the end results.”

Intended exit strategy

Once the conversion is complete, the borrower plans to refinance the property onto a buy-to-let mortgage, incorporating the newly converted HMO into their growing portfolio.

What this shows about property networking events

This project is a clear example of how property networking and property development events can directly impact your deals.

By bringing developers and lenders into the same room, the Property Developer Show helps create conversations that lead to funding, partnerships, and completed projects.

For developers actively looking for finance, opportunities, and trusted relationships, attending the right property event can make all the difference.

Join us in 2026 at one of our events taking place across the country. You can register for a free ticket here, or, if you’re looking to exhibit and meet developers where they’re actively investing their time, enquire here.

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