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Optimise your HMO properties with LOFT's bespoke interiors. Create stylish, practical spaces. Reach out to our specialists for personalised advice to elevate your next HMO development .
HMO designs that create a community
HMOs are some of the most lucrative investment properties in the private rental sector. The demand for them has risen by around 25% in the last decade, providing savvy landlords with gross yields of 15% if not higher. But potential residents don’t want to spend all their time in their private rooms. They want to interact with the other housemates and experience a community-based lifestyle. This is why it’s so important to consider the type of residents you’re looking to attract and the HMO designs that will appeal to the market.
When thinking about HMO designs, it’s arguably the layout that’s most important. Furniture has to be arranged so everyone can gather around with ease. They need to be able to speak without shouting, but they also need plenty of elbow room so they don’t feel cramped.
The Essential Furnishing Handbook
Download our guide on standing out from the competition and attracting high-quality residents.
When is an HMO property renovation needed?
An HMO property renovation is needed when your rental is falling short of its purpose. Residents want to enjoy the company of their housemates, but they also want their own room to be a private sanctuary, somewhere they can turn to for peace and quiet.
Your HMO designs should be put together with this in mind. They’re not just houses with multiple occupants, they’re also houses with multiple needs and functions. By delivering on the points that matter most to your residents, you’re keeping them happy and giving them very little reason to move out when their tenancy agreement comes to an end.
Managing full HMO property renovations
LOFT provides a comprehensive service, meaning will have all the skills, knowledge and contacts to project manage your HMO property renovation. We take the time to listen to your needs, and we’ll make suggestions based on our experience to help you get the most out of your property.
We can work either our own trusted trade network or your own connections, offering a personal service that’s design-led and commercially minded. So, what’s included in our HMO refurbishment package? Take a look:
- Concept design
- Procurement
- Decoration & installation
- Electrical work
- Flooring
- Remedial work
- Window treatments
- Finishing touches