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How To Increase Return on Investment on your HMO

As a landlord, purchasing an HMO (House of Multiple Occupation) or renovating an existing property to transform to an HMO can be an excellent way of generating an ongoing income through high rental yields. Average rental yields for single – let properties in the UK hover at around 5%- 7% depending on area. However, on HMOs the yields can be up to three times higher than the equivalent property let to a single family or tenant.

However, to ensure that your property is gaining the best rental yield possible, and offering you the best return on your investment, there are some factors that are worth bearing in mind.

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