Enter the price and the monthly rent, then the service charge and the share of rent that letting and upkeep take. The gross yield is the headline; the net yield is the one to compare with other investments.
A year of rent over the price, then the same after the costs of being a landlord.
Gross yields of 5% to 7% are typical in northern cities and 3% to 4% in London and the South East, where prices are higher relative to rents. Compare the net figure with what the same money would earn elsewhere, and remember it is before tax and mortgage interest.
It lets fast, needs little maintenance in the early years and the warranty covers structural defects, but you pay a new-build premium and on an apartment the service charge comes straight off the yield. Enter the real service charge from the listing rather than leaving it at zero.
From a home page the rent is the ONS average for that bedroom count in the area for the latest month published. Ask a local agent for the figure a new build would achieve; it is often above the average.
Every home on ShowPage is new, with its price, move-in date and the developer's own contact details on the page.
The monthly repayment on a home from its price, your deposit, the term and the rate.
Calculate →The tax on your purchase in England, Scotland or Wales, band by band, with first-time buyer relief.
Calculate →Your income and deposit as the price of home you can look at, with the homes to match.
Calculate →Deposit, stamp duty and the fees in one figure: the cash you need on completion day.
Calculate →A mortgage payment next to the local rent for the same size of home, and what each buys.
Calculate →Mortgage plus service charge, ground rent and council tax: the whole monthly figure for a flat.
Calculate →