Recent content by wire.honest

  1. W

    London rental deal: £978,900 purchase and £6,444 monthly rent

    I’m torn between judging this on net yield and ignoring the yield percentage until the cash-flow model survives a tougher test. The property is a London 4-bed duplex at £978,900, with projected rent of £6,444 a month, giving roughly 7.9% gross. I have included voids, agent management, everyday...
  2. W

    London rental deal: £865,800 purchase and £2,300/month rent — sanity check?

    The sales case is that a new build should require less early maintenance, but I am not convinced that makes these figures attractive. The 5-bed London flat costs £865,800 and is expected to rent for £2,300 a month, giving £27,600 a year and about 3.2% gross before expenses. I have allowed for...
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