I'm looking at a property that needs a complete refurbishment. How do I incorporate the renovation costs into my rental yield calculation for a UK property to get a realistic ROI, and should I use the purchase price or the 'all-in' cost?
Quick Answer
Rental yield calculations for UK property must incorporate *all* refurbishment costs into the total 'all-in' investment, not just the purchase price. This provides a realistic return on investment (ROI) by accurately reflecting your true capital outlay.
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Learn how to accurately incorporate renovation costs into UK rental yield calculations. Use 'all-in' cost, not just purchase price, for realistic ROI. Avoid common pitfalls.
This question is part of our Buying Your First Property category, providing expert guidance on UK property investment.
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