HMOs for Sale in Manchester

What is a HMO Property?

An HMO (House in Multiple Occupancy) refers to a property rented out to three or more tenants who are not part of the same family, forming more than one household. These properties typically feature shared amenities like toilets, bathrooms, or kitchens.

In the UK, large HMOs—those with at least five separate tenants—require a license to operate. HMOs provide landlords with the opportunity for multiple rental incomes from a single property, as each room can be rented individually. Common examples of HMOs include shared houses and student halls of residence.

Why Invest in Manchester HMOs?

Manchester is colloquially known as “The Northern Powerhouse” for a reason, the demand from investors in the city continues to increase, as does the demand for affordable housing from residents and students alike.

The demand for affordable housing in the city is largely driven by its increasing population that has increased year on year for more than 20 years.

While HMOs often come in at a higher price than a standard residential or student investment, they also pose an excellent opportunity for investors. This is due to the fact that they provide the opportunity to receive multiple rental incomes from a single property, thus increasing the yield and profitability for the investor.

Manchester also has no shortage of available HMO property, with demand coming from the increasing young professional and steady student market which can be found in the area. The increasing demand and opportunities that HMOs can present for investors make Manchester the perfect choice for investors looking to dip their toes into the world of HMOs.