Properties suitable for Houses in Multiple Occupation
4,466+
Glasgow Properties
7.2%
Avg. Yield
+2-4%
Yield Boost
3+ Rooms
Multi-Let
Higher rental income per property
Diversified tenant risk
Strong student/professional demand
Tax advantages on furnished lets
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Glasgow offers Scotland highest rental yields at 6.5-7.5% average. 170,000 students across 4 universities provide consistent HMO demand. Houses in Multiple Occupation (HMOs) generate 2-4% higher yields than standard BTL by renting rooms individually rather than the whole property. A 5-bed HMO can generate double the rental income of the same property let as a single family home. HMO investing requires understanding licensing requirements. Properties with 5+ occupants from 2+ households require mandatory licensing. Many councils have Article 4 directions requiring planning permission for new HMOs. Room sizes must meet minimum standards (6.51sqm single, 10.22sqm double). Median prices 50% below Edinburgh enable rapid portfolio building. Target 10%+ gross yields for licensed HMOs. Budget 15-20% for higher management intensity. Room rents should be 20-30% above market rate for quality, compliant accommodation. Licensing costs £500-1,500 per 5 years. HMO investing suits hands-on landlords or those using specialist HMO management. Higher returns justify higher complexity. Best in university cities and areas with young professional demand.
Mandatory HMO licensing applies to properties with 5+ occupants from 2+ households. Many councils also have Additional Licensing covering smaller HMOs. Check your local council requirements - unlicensed HMO operation carries unlimited fines.
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