Student accommodation and bedsits are the most common types.
If you are looking to maximise your rental income, an HMO mortgage may suit you.
There are of course drawbacks to HMOs with the most obvious ones being that they require more time and effort to run and maintain.
If you want to rent out your property as a house in multiple occupation in England or Wales you must contact your council to check if you need a licence.
External link
This link will open an external website in a new tab.
Continue to www.gov.uk/find-licences/house-in-multiple-occupation-licence