HMO Yield vs BTL Comparison Calculator
Written by Scott Jones, founder of PropertyKiln · Last updated
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HMOs produce higher gross rent but carry higher running costs, higher licensing fees, higher management burden, and more compliance overhead.
Enter the property details once and get both scenarios: the property run as a single BTL (market rent, standard costs) vs the property run as an HMO (per-room rent, HMO-specific costs including licensing, management, bills-included structure if relevant).
Shows net profit for each scenario and the break-even occupancy rate for the HMO path. Covers the full economic picture — many "8% yield HMO" calculations miss half the costs.
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