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HMOInvestment Advisory

HMO Conversion & Licensing

Delivered 11.2% gross yield on converted HMO versus 5.1% as a single-let

The Challenge

A client owned a large Victorian terraced house generating a modest single-let yield in a high-demand university city. They wanted to unlock the property's full income potential but were uncertain about HMO conversion feasibility.

Our Approach

Our investment advisory team analysed local HMO licensing requirements, planning considerations, and rental demand. We produced a full feasibility study, managed the conversion project, secured the HMO licence, and let all rooms within six weeks of completion.

Results Achieved

Gross yield increased from 5.1% to 11.2%
Full mandatory HMO licence secured
100% occupancy achieved within 6 weeks of launch
Conversion completed on budget and on schedule
Full compliance with all fire, gas, and electrical requirements

The advice and execution from the 3C Core team was flawless. The HMO now generates double what it was as a single let.

Anita Patel, Patel Investment Group

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