Multiple occupation properties/HMO valuations in London and the Home Counties
At Capital Chartered, we understand the unique complexities of HMO valuations (Houses in Multiple Occupations). Whether you’re a landlord, investor, or legal advisor, our team of RICS chartered surveyors delivers precise and reliable HMO property valuations that meet both commercial and residential requirements. With the growing popularity of HMOs as an investment class, having an accurate HMO commercial valuation is essential to understanding your property’s full potential.
What Is an HMO Valuation?
An HMO property valuation involves assessing a house or property used as a multi-let or shared accommodation. The valuation can fall into two categories:
- Bricks and mortar valuation: This is the most common type of HMO valuation. It’s typically used for properties that are still classified as residential dwellings (C3) and is based on local comparables and current market value.
- Commercial (investment or yield) valuation: This type of HMO commercial valuation considers the HMO’s achievable rental income and yield potential. It also considers the location, the ability to sustain the letting of individual rooms, and maintenance and management costs.
Our RICS HMO valuations ensure that every detail is considered, whether you need an HMO valuation for investment purposes, tax calculations, or financial planning.
Types of HMOs we value
We offer HMO valuations for a variety of property types, including:
- Multi-let HMO: Small HMOs where minimal changes have been made to the property, allowing it to be reverted back to a single dwelling
- Significantly modified HMO: Properties that have undergone major changes and cannot be easily converted back to a single let. These properties often require planning permissions (such as Article 4 or Sui Generis) and have complex valuation needs.
Properties we value: Key insights into London’s HMO market
As specialists in HMO valuations across London, our team brings unparalleled expertise in assessing properties in some of the city’s most competitive real estate markets. From the vibrant communities of East London to the exclusive residences of Prime Central London, we understand the distinct challenges and opportunities these areas present for HMO investments. Our HMO property valuations cover:
- Central London: HMOs in areas like Camden, Kensington, and Islington, where strong demand for multi-let properties drives significant rental yields
- East London: Popular among students and young professionals, areas like Hackney and Tower Hamlets have seen a surge in demand for shared accommodations, which we expertly assess in our HMO valuations
- West London: With affluent areas like Hammersmith and Ealing, West London presents high-value HMO opportunities with robust rental demand, particularly for professionals seeking accommodation in well-connected areas
- North London: Areas such as Finchley and Barnet, known for their family-friendly neighbourhoods, are growing markets for HMOs catering to both families and young professionals
- South London: Suburban areas such as Clapham and Croydon are key locations for HMOs, with a growing market for professional multi-let properties
Why Capital Chartered for HMO Valuations?
At Capital Chartered, we are one of London’s leading HMO property valuation companies, offering decades of experience and insight into the multi-let sector. When you choose us, you benefit from:
- Expert valuation: Our RICS Chartered Surveyors are highly skilled in providing both bricks-and-mortar and commercial HMO valuations based on rental yields and market performance
- Detailed market knowledge: With extensive knowledge of London’s HMO landscape, we provide precise valuations that reflect both current market trends and historical data
- Comprehensive reports: Whether you’re seeking a valuation for tax purposes, portfolio management, or financing, our reports are tailored to meet your specific requirements, backed by reliable market insights
The HMO valuation process
Our approach to HMO commercial valuation and HMO property valuation is methodical, ensuring every detail is captured. We assess the property type, market conditions, and rental income potential to deliver accurate results. The process includes:
- Initial consultation: We discuss your valuation needs and the specific purpose for the HMO valuation
- Data collection: We analyse comparable rental properties, market yields, and local market data to provide a detailed picture of the HMO’s value
- On-Site survey: If required, we conduct a thorough on-site inspection to verify the property’s current condition and ensure all necessary data is captured
- Valuation report: You’ll receive a comprehensive report detailing the HMO commercial valuation or bricks-and-mortar valuation, compliant with RICS HMO valuation standards.
Our detailed valuation reports meet the highest professional standards, ensuring they can be relied upon for financial, legal, or investment purposes.
Common scenarios requiring HMO valuations
An HMO property valuation may be necessary for several reasons, including:
- Tax planning: HMO valuations are essential for calculating Capital Gains Tax and Inheritance Tax when managing multi-let properties
- Investment appraisals: Investors often require a thorough HMO commercial valuation to assess the income potential and yield of multi-let properties
- Portfolio management: Regular HMO valuations help landlords and investors keep track of the value of their assets and inform decisions on potential expansions
- Legal disputes: A retrospective RICS HMO valuation is often required in legal disputes to establish the historical value of the property
Our detailed valuation reports meet the highest professional standards, ensuring they can be relied upon for financial, legal, or investment purposes.
Tailored HMO valuation solutions
At Capital Chartered, we understand that every HMO property has its own unique characteristics. That’s why our HMO valuations are tailored to meet the specific needs of our clients. Whether you need an HMO commercial valuation for tax purposes, a backdated HMO valuation for legal proceedings, or an investment appraisal, our expert team will guide you through every step.
Coverage areas
London Boroughs
- Barnet
- Bromley
- Camden
- City of London
- Croydon
- Ealing
- Enfield
- Hackney
- Hammersmith and Fulham
- Haringey
- Harrow
- Havering
- Islington
- Kensington and Chelsea
- Kingston upon Thames
- Lambeth
- Lewisham
- Merton
- Newham
- Redbridge
- Richmond upon Thames
- Southwark
- Sutton
- Tower Hamlets
- Waltham Forest
- Wandsworth
- Westminster
Home Counties
- Berkshire
- Buckinghamshire
- Essex
- Hertfordshire
- Kent
- Surrey
- Sussex