Beyond initial refurbishment costs, what are the realistic ongoing overheads and monthly expenses (council tax, utilities, maintenance, void periods) I should budget for when running a rent-to-rent property portfolio of 3-5 units in a Tier 2 city like Bristol or Nottingham?
Quick Answer
Realistic ongoing overheads for a rent-to-rent portfolio include Council Tax (if empty), utilities, maintenance, and void periods. These can run into hundreds of pounds per unit monthly, and careful budgeting is essential for profitability.
About This Topic
Understand realistic ongoing overheads for a 3-5 unit rent-to-rent portfolio in UK Tier 2 cities. Budget for Council Tax (up to 100% premium from April 2025), utilities (£150-£300/month), maintenance (5-10% of rent), and void periods. Crucial for profitability.
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