HMOs

To begin with, Penn Property owns a £5m HMO Portfolio. We believe that HMO (House of Multiple Occupancy) investments are ever more attractive due to the consistent growth in demand for residential space. On top of that, this is likely to continue out-stripping supply for the foreseeable future.

The private rental sector is projected to become the dominant form of tenure as an increasing number of people are finding home ownership more difficult. Investing in HMOs generates return without relying on traditional market appreciation. HMOs present high potential positive cash-flows resulting from the multiple tenants individually paying for each of the typical six rooms in every property. This also mitigates painful void periods that are typical in standard B2L investments.