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)

Leave a comment
Newest on top Oldest on top
Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

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

- Steve

"We would like to give a special thanks to the newest member of staff Aleaya"

- Daniel

"Very helpful and proper guidance on time"

- Shine Xavier

"I will greatly recommend. Keep up the great work"

- Josiane

"Wouldn't hesitate in recommending Peter Anthony for any of my requirements when it comes to a home"

- Craig

"I found Sean to be an understanding and friendly guy"

- Mike

"Sean C. - he is a very helpful person! Cheers!"

- Tomasz

"It was super easy to schedule a viewing with Abbey"

- Pamela