Finding the Right HMO Deals: A Smarter Approach for Investors
- Matt Baker
- Mar 27
- 2 min read
For many investors, the biggest challenge when getting into Houses in Multiple Occupation (HMOs) isn’t funding the deal—it’s finding the right property. With the right approach, you can refine your search, save time, and secure properties that truly work for your strategy.
At Aura Ventures, we specialise in high-yield property investments, and here’s how we source HMO deals the smart way.
1. Clarity on Your HMO Strategy
Before searching, define your ideal HMO model:
Who is your target tenant? Young professionals, students, social housing, or care providers? Each group has different space and amenity requirements.
How many rooms will you create? Six-bed and up HMOs often hit the sweet spot for financial performance.
What is your minimum required space? For example, young professionals typically want en-suite rooms, requiring a larger footprint than student HMOs.
Knowing these factors in advance allows you to filter through properties efficiently, avoiding wasted time on unsuitable deals.
2. Sizing the Perfect Property
Space is key in HMOs. The number of bedrooms, communal space, and layout efficiency all determine financial viability. Here’s a basic guideline that we like to work to:
Single-occupancy "living" bedroom with en-suite: 10 sqm bedroom + 3 sqm en-suite = 13 sqm per tenant
Six-bed HMO requirement: 78 sqm + communal space (c. 18+ sqm) + circulation space (20%) = 115 sqm total
This means your ideal property is at least 115 sqm if you want minimal structural work. If you’re open to adding a loft conversion or rear extension, you can reduce the initial required size to around 90 sqm.
3. Targeting the Right HMO Deals
Once you know your ideal property size and layout, focus on sourcing efficiently:
Use search tools like Rightmove and Property Filter to track properties that fit your criteria.
Work with local agents and provide them with a clear hunting brief outlining exactly what you need.
Refine your searches to exclude unsuitable properties—this saves time and ensures every viewing is worthwhile.
4. The Power of Intentional Searching
By filtering your search to only properties that fit your HMO strategy, you will:
Spend less time on unsuitable deals
Build credibility with agents by consistently offering on properties that work
Increase your deal flow as agents start bringing you off-market opportunities
Final Thoughts
Smart property investors know that finding great HMO deals is about precision, not luck. By getting crystal clear on your strategy, space requirements, and sourcing methods, you can identify high-potential deals efficiently.
At Aura Ventures, we take this approach to every deal we secure. If you’re looking for expert-led, high-yield HMO investments, get in touch to explore our latest opportunities!
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