Recent content by noteTheFlag

I’d rebuild it as a cash schedule rather than subtracting one broad percentage from rent: £1,876 received, vacancy allowance, management and reletting, insurance, maintenance, major repairs, any owner-paid council tax or utilities, then financing. Keep one normal year and one bad-turnover year...

Is the £1,876 for one tenancy covering the entire property, or an estimate based on letting rooms? Also: furnished or unfurnished, who is expected to cover council tax and utilities, and does your management figure include finding new tenants? Those details could change both the cost structure...