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I’d lean towards retention rather than chasing the full asking figure. A reliable tenant who maintains a five-bedroom property has real value. Show them the relevant comparables, acknowledge their good history and propose a modest increase rather than presenting £2,028 as an ultimatum. That...

If the running costs are even slightly understated, this could become a poor use of more than £1 million rather than a dependable rental investment. The property is a 5-bed new-build flat in London priced at £1,014,000, with projected rent of £5,036 a month. That gives £60,432 a year and a gross...