Homes in Multiple Occupation (HMO) Investment
Long-term investment solution
The North East is a thriving and highly lucrative market for high-quality HMOs (Houses in Multiple Occupation). At Clarice Carr & Co, we handle every aspect of your HMO investment, offering a clear and realistic picture of potential returns while ensuring a seamless process from property sourcing to completion and ongoing management.
HMOs consistently deliver strong rental income and excellent yield potential, often outperforming traditional buy-to-let properties. For example, a standard three-bedroom buy-to-let property might generate £12,600 in annual rent, whereas converting the same property into a five-bedroom HMO can result in an impressive £34,800 in annual rent, significantly boosting your return on investment.
With growing demand for affordable, high-quality shared living spaces, particularly among students and young professionals, HMOs present an outstanding investment opportunity. Leveraging our expertise and experience, we can help you navigate the HMO market effectively, ensuring you maximise your investment returns while meeting the needs of an ever-expanding tenant base.
HMO Investment
Don't dream it, do it.
Professional Property Sourcing
Refurbishment and Improvements
Professional Property Sourcing for HMOs
We'll help you find the serviced accommodation property.
Taking into account your budget, preferred location, and long-term goals, our team works to identify the ideal HMO property for your investment. We focus on the North East region, which offers a unique combination of affordable housing, historically stable property prices, and consistently high demand for rental accommodation.
Our expertise lies in sourcing properties with exceptional potential for value addition and profit generation within the HMO market, ensuring you achieve the best possible returns on your investment.
Refurbishment & Improvements
Getting your HMO investment property ready for rental.
Our network of trusted and reliable tradespeople guarantees that your property is prepared for rental efficiently and to the highest standard. We manage the entire process from planning through to completion, ensuring all costs are agreed with you in advance and providing regular updates to keep you informed at every stage.
To simplify interior design, we’ve developed a streamlined style and colour palette tailored for rental properties, though you’re welcome to customise these to suit your own preferences. With all relevant qualifications and certifications, our team delivers a professional, high-quality service you can trust.
Furnishing Homes in Multiple Occupancy
Quality and style come as standard.
Our in-depth knowledge of the HMO sector enables us to furnish properties in a way that maximises your return on investment. Leveraging our established network of suppliers, we outfit properties with everything from furniture and soft furnishings to accessories, ensuring no detail is overlooked. We prioritise quality and livable luxury, creating properties that are not only attractive to tenants but also capable of generating optimal rental income. With our expertise, every aspect of furnishing is managed with precision and professionalism, delivering a welcoming and stylish environment that stands out in the market.
HMO Management
Managing your HMO investment.
At Clarice Carr & Co, we handle every aspect of your HMO property to ensure a seamless and profitable experience. Our comprehensive services include professional property listing and marketing, tenant communication and management, deposit protection service, payment collection, a 24/7 callout service, regular property inspections, planned and unscheduled maintenance, annual boiler servicing and gas safety checks, as well as addressing all tenant-related queries and issues. With our expert management, your property is maintained to the highest standards, providing peace of mind and maximising your investment returns.
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What makes Newcastle and the North East a good location for buy-to-let investment?Newcastle and the North East offer stable house prices, good rental yields, and a steady demand for rental properties. The region’s property market provides opportunities to invest in affordable homes with the potential for value addition through refurbishment.
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How can Clarice Carr & Company help with buy-to-let investment in Newcastle?We specialise in professional property sourcing, refurbishment, portfolio building, and property management in Newcastle and the North East. Our team helps investors find, renovate, and manage buy-to-let properties to maximise returns.
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What is the process of purchasing a buy-to-let property in the North East?Our process involves identifying suitable properties, assessing their potential for refurbishment, handling the purchase, overseeing improvement works, and then managing the property to ensure consistent rental income.
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What are the benefits of refurbishing a buy-to-let property in Newcastle?Refurbishing a buy-to-let property can significantly increase its value. In Newcastle, improvement works typically cost less than 50% of the added value, providing an opportunity for an immediate paper profit and higher rental yields.
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What rental yields can I expect from buy-to-let properties in Newcastle?The rental yields in Newcastle and the North East are generally competitive, with the potential for consistent income due to stable property prices and strong demand for rental properties.
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What is the potential for capital growth in the North East property market?While the North East is known for its stable prices, there is still potential for capital growth, particularly in up-and-coming areas or through the refurbishment of older properties. Investors can benefit from both rental income and appreciation in property value over time.
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What makes buy-to-let properties in the North East a good investment?Buy-to-let properties in the North East offer a lower entry cost, making it easier for investors to get started. Additionally, the region has a high demand for rental properties, ensuring a steady income stream for landlords.
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How does the property market in Newcastle compare to other UK regions?The property market in Newcastle tends to be more stable, with less volatility than in other UK regions. This stability provides certainty for investors, making it easier to plan for long-term investment strategies.
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What types of properties are best suited for buy-to-let investment in the North East?Properties that require refurbishment or are located in high-demand rental areas are particularly well-suited for buy-to-let investment in the North East. These types of properties offer the potential for value addition and strong rental income.
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How does the rental market in Newcastle support long-term investment success?The rental market in Newcastle is buoyed by a large student population, young professionals, and families looking for quality rental homes. This consistent demand supports long-term investment success by ensuring properties are rented out quickly and at competitive rates.