The combined value of the nation’s HMO market is estimated to be almost £26bn in current market conditions, with London home to by far the most valuable HMO portfolio of all regions, according to the latest market analysis by Revolution Brokers.
Currently, there are some 55,849 HMOs operational across the rental market in England. With the average HMO worth 464,546 in the current market, that’s a total market value of £25.944bn.
With 13,528 HMOs found in London alone, the capital is home to the highest proportion of HMO rental properties in England. It’s also home to the highest average HMO house price at £826,209 and, as a result, the highest total HMO market value of all regions at a staggering £11.2bn.
Click here to read the whole article