Updating post from Reddit.
MUFBs like HMOs but with less headache with shared areas, less headache with shared utilities.
Source: PropertyWire
So basically a return to the bedsit model.
Id think bedsits are more like HMOs than MUFB.
A MUFB is a single freehold property which has been split up into multiple self-contained units. Each unit will have separate entrance, kitchen, and bathroom area - normally no common areas except access hallways and maybe a shared outside space. Nothing like a HMO, but just like the old style bedsits where large Victorian houses were split up.
A bedsits in my mind shares bathrooms, much unlike MUFB.
Block or appartments/flats? What's less headache about having more kitchens and bathrooms to manage, more energy meters to supply more boilers. Needs to be done properly this sort of thing.
I'll stick to hmo houses in a row. 10 bed hmos will be the norm.
10 bed HMO sounds horrible to me - how many bathrooms and kitchens would that have?
Would depend on the restrictions set by the local authority, for 10 people, probably 3, it’s often a 4:1 ratio
MUFB's and HMO's are more profitable on paper,,,but are 10x the hassle and have worse tenants than any other type or property in reality. Depends on your business model...personally i prefer to take a bit less money in rent for a hassle free life.
They don't need a HMO licence for starters, so that already one less massive headache.
Hmo is not a headache. Its all I do. Over 10 years now, 25 bedrooms and growing. Cheapest smallest room £700. Biggest £1200per month zone 5 London.
25 rooms is a Travelodge not a HMO
I count bedrooms. It's 25 across 3 houses. Will be 30 once I've completed number 4.
The flats can still need an HMO licence if they are licensable HMOs (individual flats (but not collectively as a block, if the block is purpose-built)).
Only if you're renting out rooms separately within a multi room unit. MUFBs are usually 1 person/ household with 1 AST for a self contained unit within a split house/converted office block/purpose built building which dont need HMO licence - just possible planning and fire regs.
If only 1 person in a self contained flat then yes, flat is certainly not HMO licensable.
Purpose built block of flats is OK too.
But a crappy conversion the block itself as a whole (if most of it is rented out) can be an s257 HMO and can require a licence if the council has an Additional HMO scheme that makes such s257 HMO licensable.
Eg and better definition of 'crappy' : https://www.salford.gov.uk/housing/information-for-landlords/s257-hmo-definition/
That only applies if don't meet building 1991 building regs
Literally what I said/linked, yes