Blog Post

Yields on homes of multiple occupancy

TomS - Head Tom Simper Sep 28, 2023, 14:00 PM

The cast of Friends were role models for a generation, living the dream in a shared apartment. There are over half a million 'Homes in Multiple Occupation' (HMOs) in England and Wales and they play a key role in keeping costs down for many renters.

HMOs also work well for investors, with estimated potential gross yields averaging 7.9% in the North West. In Manchester student rental stock has grown by 26.5% in just five years.

Research from The HMO Hub showed that gross yields are consistently higher in HMOs than standard buy-to-let properties.

London has the largest stock of HMOs but the highest yields are in the North West, North East and Wales. Source: #Dataloft Rental Market Analytics (based on three renters occupying a 3-bed property), DLUHC (2022), StatsWales (2021), Land Registry, Cushman & Wakefield (2023), The HMO Hub (2020)

Load more comments
Thank you for the comment! Your comment must be approved first

"I was happy it was clean and painted and well presented, felt very welcoming."

- Sarfraz Ali

"I honestly can’t sing the praises of the Liverpool branch any higher"

- Phoebe

"A great company and great experience."

- Andrew

"Excellent service, quick to find tenants and organising final checks, no complaints so far!"

- Steve

"Letting through Peter Anthony has been a great experience"

- Gus Beech

"I had a viewing with Abbey, so lovely and friendly"

- Amy

"I deeply appreciate Peter Anthony Estate, especially Abbey, who works here."

- Delar

"I would highly recommend Gill and the team"

- Isabelle