HMO or Single-let Rental: Which is Right for You?

Trying to decide whether to rent your property as an HMO or a standard single-let? Both have their perks, but they come with different demands.

Trying to decide whether to rent your property as an HMO or a standard single-let? Both have their perks, but they come with different demands.

Single-let Rental:
– Easier to manage – one household, one contract.
– More stability – long-term tenancies are common.
– Less legal complexity.

HMO:
– Higher rental yields – renting by the room brings in more income.
– Lower risk of void periods – multiple tenants mean steady cash flow.
– More demand – affordable rooms in London are always in high demand.

It is true that HMO’s require more management but they also bring in higher returns – on average our landlords enjoy 20-30% more returns on their properties. We know from working with hundreds of landlords that the complexity of HMO management has kept them from making the switch.

But that shouldn’t put you off! Cloudrooms specialises in taking the hassle out of HMO management, and help landlords unlock additional profit from their properties – all without stress.