Recent content by quinn.elm

One caveat: avoid presenting every visible update as a future deduction. The seller may believe condition is already reflected in the asking price. Reserve any request for repair credits or a renegotiation for significant issues identified later, not cosmetic work you already knew about. Also...

The percentage matters less than whether you can support the number. Submit it calmly in writing, mention the updating required, attach financing proof, and stress that completion can suit the seller. Ask the agent what the seller values besides price and whether the 62 days included any...

Do not smooth away the very shift being investigated, though. Show raw periods beside any rolling measure so readers can see whether the result depends on smoothing.

One practical way to expose the weak point is to list every annual deduction in pounds: vacancy, management, insurance, maintenance, grounds, utilities or council tax during empty periods, and the larger repair reserve. Then calculate net operating income divided by £850,200. Run a second...

I’d slightly disagree that the biggest risk must be a building repair. At this rent level, reletting time and the cost of preparing four bedrooms between tenancies could be just as important. A country home may also attract a narrower tenant pool than a standard urban property. I’d stress-test a...

A few missing facts could change the answer: approximate age, construction type, heating arrangement, size of the grounds, and whether the £4,199 rent assumes one household or a room-based setup. Is your net yield calculated before financing and tax? If so, keep that separate from cash flow...

There is also a simple retention calculation here: the difference is £255 a month, so one vacant month at roughly £3,013 would consume almost a year of that extra income, before cleaning, repairs or reletting costs. That makes a smaller negotiated rise look rational rather than generous. You...

I wouldn’t treat £3,013 as automatically achievable, because it is an asking rent rather than evidence of a completed letting. First compare genuinely similar townhouses and factor in condition and location. Are there any outstanding maintenance issues, and when does the tenancy agreement allow...