Please find here the best hot spots to run a HMO in 2024.
We have splited the studdy in 3 types of HMO:

High-End HMO
Standard HMO
Student HMO

Average Prices per night have been collected and affined by our AI model.
Please always do your due diligences before making any investment decisions.

High-end HMO

Here are the best districts or neighbourhoods for high-end HMO investments in the 20 biggest towns in the UK, along with their respective postcodes:

Town	City / Postcode
London	Camden: NW1, NW3 Islington: N1, N5 Hackney: E8, E9
Birmingham	Edgbaston: B15, B16 Selly Oak: B29
Manchester	Fallowfield: M14 Withington: M20 Salford: M5, M6
Leeds	Headingley: LS6 Hyde Park: LS6
Glasgow	West End: G12 Shawlands: G41
Liverpool	Kensington: L7 Wavertree: L15
Newcastle	Jesmond: NE2 Heaton: NE6
Sheffield	Ecclesall: S11 Crookes: S10
Bristol	Clifton: BS8 Redland: BS6
Edinburgh	Marchmont: EH9 Leith: EH6
Leicester	Clarendon Park: LE2 Knighton: LE2
Nottingham	Lenton: NG7 Beeston: NG9
Coventry	Earlsdon: CV5 Stoke: CV2
Hull	Avenues: HU5 Kingswood: HU7
Cardiff	Roath: CF24 Cathays: CF10
Southampton	Portswood: SO17 Highfield: SO17
Stoke-on-Trent	Hanley: ST1 Newcastle-under-Lyme: ST5
Reading	Central Reading: RG1 Caversham: RG4
Derby	City Centre: DE1 Mickleover: DE3
Milton Keynes	Central Milton Keynes: MK9 Shenley Church End: MK5

Average Prices for High-end HMO:

Town	Area	Postcode	Single Bedroom Rent (£)	Double Bedroom Rent (£)	Ensuite Bedroom Rent (£)
London	Camden	NW1	700	900	1100
London	Islington	N1	650	850	1050
London	Hackney	E8	600	800	1000
Manchester	Fallowfield	M14	450	600	750
Manchester	Withington	M20	450	600	750
Manchester	Salford	M5	400	550	700
Leeds	Headingley	LS6	450	600	750
Leeds	Hyde Park	LS6	450	600	750
Birmingham	Edgbaston	B15	500	700	900
Birmingham	Selly Oak	B29	450	600	750
Bristol	Clifton	BS8	550	750	950
Bristol	Redland	BS6	500	700	900
Southampton	Portswood	SO17	400	550	700
Southampton	Highfield	SO17	400	550	700
Glasgow	West End	G12	450	600	750
Glasgow	Shawlands	G41	400	550	700
Nottingham	Lenton	NG7	400	550	700
Nottingham	Beeston	NG9	350	500	650
Liverpool	Kensington	L7	350	500	650
Liverpool	Wavertree	L15	350	500	650
Sheffield	Ecclesall	S11	450	600	750
Sheffield	Crookes	S10	400	550	700
Brighton	Kemp Town	BN2	500	700	900
Brighton	Hove	BN3	500	700	900
Southampton	Portswood	SO17	400	550	700
Southampton	Highfield	SO17	400	550	700
Sheffield	Crookes	S10	400	550	700
Sheffield	Ecclesall	S11	450	600	750
Stoke-on-Trent	Hanley	ST1	300	450	550
Stoke-on-Trent	Newcastle-under-Lyme	ST5	300	450	550
Reading	Central Reading	RG1	500	700	900
Reading	Caversham	RG4	500	700	900
Derby	City Centre	DE1	400	600	750
Derby	Mickleover	DE3	350	500	650
Milton Keynes	Central Milton Keynes	MK9	500	700	900
Milton Keynes	Shenley Church End	MK5	500	700	900

Standard HMO

These areas have been selected based on their high demand for rental properties, strong rental yields, and suitability for high-end HMO investments.

They are popular among young professionals, making them ideal for investors looking for high returns

Town	City / Postcode
London	East Ham: E6 Barking: IG11
Birmingham	Aston: B6 Erdington: B23
Manchester	Harpurhey: M9 Longsight: M13
Leeds	Harehills: LS9 Armley: LS12
Glasgow	Govan: G51 Springburn: G21
Liverpool	Anfield: L4 Bootle: L20
Newcastle	Benwell: NE15 Walker: NE6
Sheffield	Darnall: S9 Burngreave: S3
Bristol	Easton: BS5 Lawrence Hill: BS5
Edinburgh	Leith: EH6 Gorgie: EH11
Leicester	Highfields: LE2 Belgrave: LE4
Nottingham	Bulwell: NG6 Sneinton: NG2
Coventry	Foleshill: CV6 Stoke: CV2
Hull	Holderness Road: HU9 Orchard Park: HU6
Cardiff	Splott: CF24 Grangetown: CF11
Southampton	Millbrook: SO15 Thornhill: SO19
Stoke-on-Trent	Tunstall: ST6 Burslem: ST6
Reading	Whitley: RG2 Southcote: RG30
Derby	Normanton: DE23 Alvaston: DE24
Milton Keynes	Bletchley: MK3 Wolverton: MK12

Average Prices for Standard HMO:

Town	Area	Postcode	Single Bedroom Rent (£)	Double Bedroom Rent (£)	Ensuite Bedroom Rent (£)
London	East Ham	E6	600	800	1000
London	Barking	IG11	500	700	900
Birmingham	Aston	B6	400	500	600
Birmingham	Erdington	B23	400	500	600
Manchester	Harpurhey	M9	350	450	550
Manchester	Longsight	M13	350	450	550
Leeds	Harehills	LS9	350	450	550
Leeds	Armley	LS12	350	450	550
Glasgow	Govan	G51	350	450	550
Glasgow	Springburn	G21	350	450	550
Liverpool	Anfield	L4	300	400	500
Liverpool	Bootle	L20	300	400	500
Newcastle	Benwell	NE15	300	400	500
Newcastle	Walker	NE6	300	400	500
Sheffield	Darnall	S9	300	400	500
Sheffield	Burngreave	S3	300	400	500
Bristol	Easton	BS5	400	500	600
Bristol	Lawrence Hill	BS5	400	500	600
Edinburgh	Leith	EH6	400	500	600
Edinburgh	Gorgie	EH11	400	500	600
Leicester	Highfields	LE2	350	450	550
Leicester	Belgrave	LE4	350	450	550
Nottingham	Bulwell	NG6	300	400	500
Nottingham	Sneinton	NG2	300	400	500
Coventry	Foleshill	CV6	300	400	500
Coventry	Stoke	CV2	300	400	500
Hull	Holderness Road	HU9	250	350	450
Hull	Orchard Park	HU6	250	350	450
Cardiff	Splott	CF24	300	400	500
Cardiff	Grangetown	CF11	300	400	500
Southampton	Millbrook	SO15	300	400	500
Southampton	Thornhill	SO19	300	400	500
Stoke-on-Trent	Tunstall	ST6	250	350	450
Stoke-on-Trent	Burslem	ST6	250	350	450
Reading	Whitley	RG2	400	500	600
Reading	Southcote	RG30	400	500	600
Derby	Normanton	DE23	300	400	500
Derby	Alvaston	DE24	300	400	500
Milton Keynes	Bletchley	MK3	350	450	550
Milton Keynes	Wolverton	MK12	350	450	550

Student HMO

Here are the best districts or neighbourhoods for student HMOs near the 50 biggest universities in the UK, along with their respective postcodes:

Town	City / Postcode
Open University (Milton Keynes)	Central Milton Keynes: MK9 Shenley Church End: MK5
University of Manchester	Fallowfield: M14 Withington: M20
University of Leeds	Headingley: LS6 Hyde Park: LS6
University of Sheffield	Ecclesall: S11 Crookes: S10
University of Edinburgh	Marchmont: EH9 Newington: EH8
University of Nottingham	Lenton: NG7 Beeston: NG9
University of Birmingham	Selly Oak: B29 Edgbaston: B15
University of Glasgow	West End: G12 Hillhead: G12
University of Liverpool	Kensington: L7 Wavertree: L15
University of Warwick	Earlsdon (Coventry): CV5 Canley (Coventry): CV4
University of Newcastle	Jesmond: NE2 Heaton: NE6
University of Oxford	Cowley: OX4 Headington: OX3
University of Cambridge	Newnham: CB3 Chesterton: CB4
University of Bristol	Clifton: BS8 Redland: BS6
University of Southampton	Portswood: SO17 Highfield: SO17
University of York	Heslington: YO10 Fulford: YO10
University of Durham	Gilesgate: DH1 Nevilles Cross: DH1
University of St Andrews	Central St Andrews: KY16 East Sands: KY16
University of Aberdeen	West End: DD2 City Centre: DD1
University of Dundee	West End: DD2 City Centre: DD1
University of East Anglia	Earlham: NR4 Lakenham: NR1
University of Essex	Colchester: CO4 Wivenhoe: CO7
University of Leicester	Clarendon Park: LE2 Knighton: LE2
University of Reading	Whiteknights: RG6 Earley: RG6
University of Surrey	Guildford: GU2 Stag Hill: GU2
University of Sussex	Falmer: BN1 Hollingdean: BN1
University of Kent	Canterbury: CT2 Wincheap: CT1
University of Exeter	Streatham: EX4 St James: EX4
University of Lancaster	Bowerham: LA1 Scotforth: LA1
University of Bath	Oldfield Park: BA2 Widcombe: BA2
University of Strathclyde	City Centre: G1 Merchant City: G1
University of Stirling	Bridge of Allan: FK9 Stirling City Centre: FK8
University of Hull	Newland: HU5 Beverley Road: HU5
University of Plymouth	Southsea: PO5 Fratton: PO1
University of Portsmouth	Southsea: PO5 Fratton: PO1
University of Swansea	Uplands: SA2 Brynmill: SA2
University of Cardiff	Cathays: CF10 Roath: CF24
University of Bangor	Upper Bangor: LL57 Hirael: LL57
University of Aberystwyth	Penglais: SY23 Llanbadarn Fawr: SY23
Queens University Belfast	Stranmillis: B Botanic: BT7
University of Ulster	Coleraine: BT52 Jordanstown: BT37
Loughborough University	Loughborough: LE11 Nanpantan: LE11
Coventry University	Earlsdon: CV5 Stoke: CV1
Northumbria University (Newcastle)	Jesmond: NE2 Heaton: NE6
University of Greenwich	Greenwich: SE10 Maze Hill: SE10
University of Hertfordshire	Hatfield: AL10 Welwyn Garden City: AL8
Middlesex University	Hendon: NW4 Colindale: NW9
University of Westminster	Harrow: HA1 Marylebone: NW1
Brunel University	Uxbridge: UB8 Cowley: UB8
University of Salford	Salford: M5 Pendleton: M6

Average Prices for Students HMO:

University	Area	Postcode	Single Bedroom Rent (£)	Double Bedroom Rent (£)	Ensuite Bedroom Rent (£)
Open University	Central Milton Keynes	MK9	500	700	900
University of Manchester	Fallowfield	M14	400	550	700
University of Leeds	Headingley	LS6	450	600	750
University of Sheffield	Ecclesall	S11	450	600	750
University of Edinburgh	Marchmont	EH9	500	700	900
University of Nottingham	Lenton	NG7	400	550	700
University of Birmingham	Selly Oak	B29	400	550	700
University of Glasgow	West End	G12	450	600	750
University of Liverpool	Kensington	L7	350	500	650
University of Warwick	Earlsdon	CV5	400	550	700
University of Newcastle	Jesmond	NE2	400	550	700
University of Oxford	Cowley	OX4	600	800	1000
University of Cambridge	Newnham	CB3	600	800	1000
University of Bristol	Clifton	BS8	500	700	900
University of Southampton	Portswood	SO17	400	550	700
University of York	Heslington	YO10	450	600	750
University of Durham	Gilesgate	DH1	450	600	750
University of St Andrews	Central St Andrews	KY16	500	700	900
University of Aberdeen	Old Aberdeen	AB24	400	550	700
University of Dundee	West End	DD2	350	500	650
University of East Anglia	Earlham	NR4	400	550	700
University of Essex	Colchester	CO4	400	550	700
University of Leicester	Clarendon Park	LE2	350	500	650
University of Reading	Whiteknights	RG6	450	600	750
University of Surrey	Guildford	GU2	500	700	900
University of Sussex	Falmer	BN1	450	600	750
University of Kent	Canterbury	CT2	400	550	700
University of Exeter	Streatham	EX4	450	600	750
University of Lancaster	Bowerham	LA1	350	500	650
University of Bath	Oldfield Park	BA2	500	700	900
University of Strathclyde	City Centre	G1	450	600	750
University of Stirling	Bridge of Allan	FK9	400	550	700
University of Hull	Newland	HU5	350	500	650
University of Plymouth	Mutley	PL4	350	500	650
University of Portsmouth	Southsea	PO5	400	550	700
University of Swansea	Uplands	SA2	350	500	650
University of Cardiff	Cathays	CF10	400	550	700
University of Bangor	Upper Bangor	LL57	350	500	650
University of Aberystwyth	Penglais	SY23	350	500	650
Queens University Belfast	Stranmillis	BT9	400	550	700
University of Ulster	Coleraine	BT52	350	500	650
Loughborough University	Loughborough	LE11	450	600	750
Coventry University	Earlsdon	CV5	400	550	700
Northumbria University	Jesmond	NE2	400	550	700
University of Greenwich	Greenwich	SE10	600	800	1000
University of Hertfordshire	Hatfield	AL10	400	550	700
Middlesex University	Hendon	NW4	500	700	900
University of Westminster	Harrow	HA1	600	800	1000
Brunel University	Uxbridge	UB8	450	600	750
University of Salford	Salford	M5	400	550	700

If you are looking for Students HMOs per UK Region, here is the list of postcode to look at:

Region	Postcode District
London	DA15, E1, E16, EC1V, EC2Y, KT1, N7, NW1, NW3, NW4, SE1, SE10, SE14, SW15, SW17, SW7, TW1, UB8, W1B, W5, W8, WC1E, WC1H, WC1V, WC2A, WC2R
East Midlands	DE22, LE1, LE11, LN1, LN6, NG1, NG7, NN1
East of England	AL10,CB1,CB2,CM1,CO4,IP4,LU1,MK43,NR2,NR4
North East	DH1,NE1,SR1,TS1
North West	BL3, CA1, CH1, L1, L16, L3, L39, L69, LA1, M13, M15, M5, PR1
Northern Ireland	BT12, BT52, BT7, BT9
Scotland	AB10, DD1, EH14, EH21, EH8, EH9, FK9, G1, G12, G2, G3, G4, IV3, KY16, PA1
South East	BN1, BN2, CT1, CT2, GU2, GU9, HP11, HP9, MK18, MK7, OX1, OX3, PO1, PO19, RG6, SO14, SO17, SO22, TW20
South West	BA2, BH12, BS16, BS8, EX4, GL50, GL7, PL4, PL6, TR11
Wales	CF10,CF37,CF5,LL11,LL57,SA2,SA48,SY23
West Midland	B15,B3,B32,B4,B5,CV1,CV4,ST4,ST5,TF10,WR2,WV1
Yorkshire	BD7, HD1, HU6, LS1, LS18, LS2, S1, S10, YO10, YO31

High-end HMO

Town

City / Postcode

Average Prices for High-end HMO:

Standard HMO

Town

City / Postcode

Average Prices for Standard HMO:

Student HMO

Town

City / Postcode

Average Prices for Students HMO:

Region

Postcode District

London

East Midlands

East of England

North East

North West

Northern Ireland

Scotland

South East

South West

Wales

West Midland

Yorkshire