What Is An HMO?

Houses of Multiple Occupation

A property is classed as an HMO if three or more unrelated persons rents parts of the house, possibly sharing facilities like bathrooms and kitchens. Not all properties are suitable to be HMO’s and there are a number of extra regulations and costs but HMO’s can be substantially more profitable in comparison to standard residential lets. Many Landlords are now looking for HMO’s to be part of their portfolio’s in order to increase cash flow.

What return on investment (ROI) can I expect?

HMO’s have more overheads but can produce up to 75% more rental income and a ROI of 13% to 20%

Letcom Property Agents – Leaders In HMO Services

Jacobs Properties, a sales and letting agent in Basingstoke has over 25 years experience of managing HMO’s. Many letting agencies will not consider HMO’s because they are more work, but we have the skills to develop, set up and manage HMO’s.

HMO Management Services Basingstoke

  • Rental valuation
  • Advice on presentation
  • Advice on regulations
  • Advertise and market property
  • Tenant viewings
  • Tenant referencing
  • Collection of holding deposit
  • Preparation of tenancy agreement
  • Collection of initial rent and deposit
  • Gas and electrical checks
  • Inventory and schedule of condtions
  • Oversee maintenance issues
  • Dealing with tenant problems 24/7
  • Regular inspections
  • Transfer of utility accounts
  • Final inspection and check-out

Book an Appointment or Valuation

You can now book a visit from one of our team through our website. Simply fill out a few details and we will come and visit you.

We will give you an honest appraisal and valuation, discuss your options for selling or renting and run through how we will work the hardest we can to get you the best offer on your current home.

Services for Landlords and Property Owners

If you are looking for a knowledgeable, experienced, modern sales and letting agency who intimately knows
Basingstoke and the region around the town, then choose Jacobs Properties.

With over 20 years of property experience in this area, our team are in the ideal position to help you realise a successful outcome.

For all clients we offer added-value services to help them every step of the way.

Free Property
Valuation

Transparent
Services

HMO Investors
Support

Buy to Let
Mortagage advice

Any Questions: Just Ask!

Whether you want to find out more about Jacobs, arrange an appointment or just discuss your needs, just call during office hours or, if evening or weekend, request a callback at a time that works for you.

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Contact Jacobs Properties

Town Centre Office
First Floor, Winton Square,
Basingstoke
Hampshire RG21 8EN
Oakley Office
22c Oakley Lane
Oakley,
Basingstoke RG23 7JY

Working Hard for you