Multiple Occupation / HMO Valuations

HMO's remain a popular investment for landlords. HMO's have traditionally been considered a commercial valuation on a residential property, however, HMO's have become a specific asset class. Valuing HMO's is a specialised field. The type of valuation ("bricks and mortar" or "commercial") will depend on the purpose of the valuation, the type of HMO and whether it is in an Article 4 area.

Bricks & Mortar Valuations are the most common type of HMO Valuations. They are commonplace if the property is a normal single (C3) dwelling and is based on the current market value and local comparables.

Commercial (Investment or Yield) Valuations take into consideration the achievable rental income and yield of the HMO. It also considers the location and potential to sustain regular letting of individual rooms. It also takes into account repairs and management costs.

Types of HMO’s include: Multi-let basis / small HMO. Any works to convert are minimal. When empty the property can be used as a single let. No Article 4 in the area and no planning in place. The building has had a significant change to be used as an HMO and cannot be used as a single let. Article 4 is in place (Up to 6 beds). There is a barrier to new HMO's. Planning in place (Sui Generis ). 7 beds or more. To be used as a large HMO.

Multiple Occupation / HMO Valuations

HMO's remain a popular investment for landlords. HMO's have traditionally been considered a commercial valuation on a residential property, however, HMO's have become a specific asset class. Valuing HMO's is a specialised field. The type of valuation ("bricks and mortar" or "commercial") will depend on the purpose of the valuation, the type of HMO and whether it is in an Article 4 area.

Bricks & Mortar Valuations are the most common type of HMO Valuations. They are commonplace if the property is a normal single (C3) dwelling and is based on the current market value and local comparables.

Commercial (Investment or Yield) Valuations take into consideration the achievable rental income and yield of the HMO. It also considers the location and potential to sustain regular letting of individual rooms. It also takes into account repairs and management costs.

Types of HMO’s include: Multi-let basis / small HMO. Any works to convert are minimal. When empty the property can be used as a single let. No Article 4 in the area and no planning in place. The building has had a significant change to be used as an HMO and cannot be used as a single let. Article 4 is in place (Up to 6 beds). There is a barrier to new HMO's. Planning in place (Sui Generis ). 7 beds or more. To be used as a large HMO.

Why Choose Us

Appointing a skilled Chartered Surveyor and valuer is crucial to Multiple Occupation / HMO Valuations.

Our wealth of experience, local knowledge, expertise and significant valuation resources including access to comprehensive databases, local rental market resources, historic data sources and tools help us provide you with an expert opinion of value for all types of Multiple Occupation (HMO) properties on any given date(s) for a specific purpose.

We undertake HMO Valuations for a variety of purposes including:

  • Tax (including Capital Gains Tax and Inheritance Tax/Probate).
  • Audit / portfolio and transfer purposes.
  • Court proceedings (single / joint and expert witness).

Multiple Occupation / HMO Valuation Summary
  • The valuation is produced by a Chartered Surveyor and Registered Valuer.
  • If the property can be inspected then it will involve a site visit, the property is measured and photographed.
  • Detailed research on comparable evidence (other properties of similar size, age and location) is undertaken using our comprehensive databases, local rental market resources, historic data sources and tools to establish a valuation.
  • A detailed written RICS Redbook Valuation report is provided and derived from robust RICS standards and regulatory processes.
  • Post valuation support is provided by phone and email.
  • We will liaise with your accountants or solicitors if necessary to ensure the valuation meets your specific requirements.
What Happens if the Surveyor/Valuer cannot get access the property?

Capital Chartered Surveyors will always request access to the property so that they can inspect. However, there may be times when this is not possible, for example if the property has been sold. We can still carry out a Multiple Occupation / HMO Valuations from information supplied and by investigating previous rental information, sales details, comprehensive databases and historic data sources.


Areas Covered Include:
  • Acton W3
  • Balham SW12
  • Barnes SW13
  • Battersea SW11
  • Bayswater W2
  • Belgravia SW1
  • Belsize Park NW8
  • Bow E3
  • Brixton SW2
  • Camden N1
  • Chelsea SW3, SW10
  • Chiswick W4
  • Clapham SW4
  • Clerkenwell EC1
  • Crystal Palace SE19
  • Ealing W5, W7, W13
  • Earls Court SW5
  • Finsbury N4
  • Fulham SW6
  • Hammersmith W6
  • Hampstead NW3
  • Highgate N6
  • Holland Park W11
  • Islington N1
  • Kennington SW8
  • Kensington SW7
  • Kilburn NW6
  • Maida Vale W9
  • Marylebone NW1
  • Mayfair W1
  • Notting Hill W11
  • Oval SW8
  • Pimlico SW1
  • Putney SW15
  • Raynes Park SW20
  • Richmond TW9
  • Sheen SW14
  • Shepherds Bush W14
  • Southfields SW18
  • St John's Wood NW8
  • Stockwell SW8, SW9
  • Streatham SW2, SW16
  • Tooting SW17
  • Vauxhall SW8
  • Victoria SW1
  • Wandsworth SW18
  • Westminster SW1
  • Wimbledon SW19
Postcodes covered include:
  • SW1-SW20
  • W1-W14
  • SE1-SE27
  • NW1-NW6
  • N1-N22
  • WC1 & WC2
  • EC1-EC4
  • E1-E20
  • KT1-KT10
  • TW9 & TW10
  • CR0-CR8

If you would like to get FREE Advice or a quote for our services then call 020 8875 0035 or click the button below and we'll get right back to you.