The North West has the highest share of HMOs in the UK at 17.9% with Greater London just behind at 16.5%. 

Despite the North East showing the highest average yield (15.1%, slightly down from 15.4% in Q4 2024), the region has one of the lowest shares of HMOs at 3.6%.

Greater London leads in average property value £684,724 (an increase of £24,497 from Q4 2024) compared to £232,461 in the North East. 

Average yields across the UK are reducing to less than 10%.

But the average annual rent in the UK has increased by over £5,000 (£28,200 in Q4 2024 compared to £33,400 in Q4 2025).

The data is compiled by property management and financial platform Lendlord from a survey of 1,158 HMOs.

The full report is available here.