The HMO (House in Multiple Occupation) market in England and Wales is worth £78 billion 💷 and produces an annual rental income of £6.3 billion 📈.
There are approximately 182,554 HMO properties 🏠 across England and Wales. Of these:
- 74% are classified as ‘small’ HMOs – typically shared by 3 or 4 tenants 👨👩👧👦
- 26% are ‘large’ HMOs – housing 5 or more tenants 🏡👥
📊 The value of the HMO market is expected to rise, driven by:
- ✨ Rising tenant expectations
- 📈 Consistently strong rental demand
- ⚠️ A persistent supply-demand imbalance continues to impact the rental market:
- 👉 40% of agents report more than 10 applicants per listing on average.
📚 Source: COHO, Dataloft by PriceHubble poll of subscribers
