Why are HMOs so popular?

[Steve Hardware]

So why is a HMO such a popular investment strategy?

 

[lookinginvest]

The ability to convert a property into an HMO can significantly increase the overall rental yield. Smart use of the property space to create both communal areas and private living space will allow you to maximise your income

 

[nmb]

As demand for private rental properties across the UK continues to grow we will likely see more HMO investment opportunities in the future. You will need to take into account the increased cost of running HMO properties but the enhanced rental income should more than cover this.