HMO (House of Multiple Occupation)
- This is a hybrid of the buy to let. However, the property is rented out by the room, not as a single let entity
- Great for students, single/couple professionals and social housing
- Due the the house being rented by the room, there is great potential for higher yields
- You may incur higher running costs, depending on how you structure the rental agreement and which bills may be included
- Student lets are often exempt from council tax
- Long term holding should see the capital value increase over time