We build the HMO, you build the passive income
Who we are and what we can do for you
Cohabit homes is a partnership of two experienced property investors both with extensive experience in creating high income generating HMOs for young professionals.
We understand what it takes to create a successful high-end HMO and the amount of work it takes, which is not easily achieved by the less experienced investor.
That is why we have created a fully managed service to create a high profit HMO from scratch, taking care of all the legal requirements to the promotion, which means you get to sit back and relax until the time comes to let the passive income roll in.
We have an extensive track record of delivering for both ourselves and our clients.
How our 360-service works
Our team sources and acquires properties that are fully owned by you, the investor. We then transform these low-yield family homes into high-performing, high-return HMOs (Houses of Multiple Occupation) tailored for young professionals. We take you through the planning stages and ensure the HMO is fully compliant, helping you through the licencing process.
From start to finish, we manage the entire project—handling everything from sourcing to renovation to tenanting. You’ll be connected with a trusted network of professionals including our recommended solicitor, independent financial advisor, accountant, architect, build team, and letting agency.
Our mission is simple: to replicate our proven, profitable HMO model for a select group of investors, helping you generate strong monthly cash flow, boost capital growth, and build long-term, generational wealth through property.
Why you should invest in high-end HMOs:
There’s strong demand
There’s strong demand: With national housing targets becoming increasingly difficult to meet, HMOs offer a powerful solution—just one 7-bedroom HMO can generate what 3-4 btl’s make. The demand in our chosen investment area is massive, as the population is growing and is younger than the national average with a strong employment market in the area. There is also limited supply through lack of building land and also article 4 restricting the number of HMO’s
Landlords are exiting the market
With increasing regulations and responsibilities, many smaller landlords are choosing to sell, creating a wealth of opportunities to acquire properties ideal for conversion into high-yield HMOs.
HMOs deliver superior returns
Historically, HMOs have consistently outperformed standard buy-to-lets when it comes to total returns. In fact, HMOs in the Southeast boast the highest rental income in the UK, averaging an impressive £46,042 per year. With ours achieving over £60,000 pa.
Ability to build a portfolio
With our proven model, we up lift the value so much you can recycle most of your initial investment that the ROCE is 35% plus. This also allows you to invest multiple times through this system helping you build an HMO portfolio that generates over £100,000 pa income over a 4 year period.
Why should you work with us?
Trusted HMO Experts with a Proven Track Record
With over 100 successful HMO projects under our belt, we’re seasoned investors backed by a highly skilled network of professionals. From solicitors and architects to build teams and letting agents, we’ve assembled the right people to get the job done—on time and to a high standard—so your investment starts generating income quickly.
But we don’t just build HMOs—we build investors. Through our personalised, one-to-one support and our powerful 5-in-4 strategy (5 HMOs in 4 years), we’ll guide you step-by-step from property beginner to portfolio landlord.
FAQs
What is Cohabit Homes?
Cohabit Homes is run by two seasoned property investors, Mike and Simon, who have a wealth of experience in creating high-income HMOs, both for themselves and other investors. With extensive knowledge of the industry, compliance, and local markets, they specialise in delivering profitable, fully compliant HMOs.
What services do you offer?
We provide a fully managed, turnkey service for investors looking to build high-yield HMOs in Portsmouth. From sourcing and refurbishment to tenanting and compliance, we handle every step of the process so you can enjoy a hands-off investment experience.
How will you help me?
Our service is completely hands-off. All you need to do is fund the project, everything else is taken care of by us. From finding the property to overseeing the refurbishment and getting it tenanted, we manage the process from start to finish to help you start earning income as quickly as possible.
What HMO experience do you have?
Mike and Simon have over a decade of combined experience in developing high-end HMOs, particularly in Portsmouth. Together, they’ve delivered hundreds of residential units and know exactly how to spot high-yield opportunities and turn them into successful, income-generating investments.
Will you find me the tenants?
Yes, we can assist with tenant sourcing. We understand how critical the right tenants are to your profitability, so we’ll help you attract reliable occupants and minimise void periods.
Can you help with financing?
Absolutely. We’ll connect you with trusted property finance experts who can support your funding needs. Whether you need a mortgage and/or bridging loan, we’ll help you explore your options. We can also assist with financing with the build costs.
How long does the process take?
Once you’re on board, we aim to have your HMO fully operational in 6 months. We’ll manage expectations clearly throughout and keep you informed of any changes to the timeline.
Where do you invest?
Our primary investment area is Portsmouth. We know the area inside out and have seen consistent demand for high-quality HMOs here.
Do I need all the money upfront?
No, you don’t. We’ll provide a clear payment schedule as part of your contract, outlining when funds are required at each stage of the project to make budgeting easier.
Do I have to pay for the refurbishment myself?
No, the refurbishment costs can be covered by short term finance options which we can help you obtain. A small deposit is required to kick off the refurbishment but the rest of the works can be covered by finance.
Can you manage the property after it's set up?
Yes! If you’d prefer a completely passive investment, we offer an optional ongoing property management service once the HMO is up and running.