House of Multiple Occupancy
A House of Multiple Occupation is a rental property where three or more tenants from different households share facilities. Commonly occupied by students, young professionals, and others seeking affordable options in high‑demand areas.
HMOs can offer higher gross rental income potential compared with some single lets. They offer:
Room‑by‑room letting may increase total rent relative to a single tenancy.
High tenant demand in suitable locations.
Void risk diversified across rooms, so a property is not fully vacant when a room is empty.
