Using it as an HMO is another ball game altogether, and you'd need to talk to your local council to check the regs. You'll definitely need a panel, and a heat detector in each room, and a smoke detector on each floor - and loads of no smoking signs. Without seeing the property, it's difficult to determine whether you're better off with a CU on each floor, or in the basement. If one tenant sets off the RCD, then everyone suffers, so a bit of isolation on each floor might be a better way to go. It also depends on whether you make a service charge for their electricity, or put a coin meter in each room, which then means that you've got to have a CU in each room as well.
As a home, there's only one owner, but in an HMO, you need to separate communal areas from living areas, so external lights and sockets and internal hall lights would be communal, and each floor or room would then have their own CU.
You need to decide on it's use, and check on the councils requirements before you go much further.