Houses in multiple occupations (HMOs) are moving up the value chain as tenants demand better amenities, the latest research by Paragon Bank finds.
A survey of HMO landlords said that tenants today expect ensuite bathrooms, larger rooms, high-speed broadband and quality furnishings.
Of those surveyed, 48% said they have seen a growing demand for high-end HMOs and 45% said demand from young professionals was up over the past year.
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