Here at Keystone lettings, we use our wealth of experience to ensure the advice we give leads to a successful letting for both Landlord and Tenant. Our advisor’s constantly monitor the market and advise on realistic and achievable rents.
Quite simply, a fair rent can lead to a longer and quicker let rather than your property remain empty because the rent is to high. The following tables illustrate the impact on actual rent received over a 12 month period should the property become vacant.
£500PCM (PER CALENDAR MONTH) | ||
---|---|---|
Months Vacant | Rent per Annum | Rent PCM |
0 | £6,000 | £500 |
1 | £5,500 | £458.33 |
2 | £5,000 | £416.66 |
3 | £4,500 | £375 |
4 | £4,000 | £333.33 |
5 | £3,500 | £291.66 |
6 | £3,000 | £250 |
7 | £2,500 | £208.33 |
8 | £2,000 | £166.66 |
9 | £1,500 | £125 |
10 | £1000 | £83.33 |
11 | £500 | £41.66 |
12 | £0 | £0 |
£600PCM (PER CALENDAR MONTH) | ||
---|---|---|
Months Vacant | Rent per Annum | Rent PCM |
0 | £7,200 | £600 |
1 | £6,600 | £550 |
2 | £6,000 | £500 |
3 | £5,400 | £450 |
4 | £4,800 | £400 |
5 | £4,200 | £350 |
6 | £3,600 | £300 |
7 | £3,000 | £250 |
8 | £2,400 | £200 |
9 | £1,800 | £150 |
10 | £1,200 | £100 |
11 | £600 | £50 |
12 | £0 | £0 |
£700PCM (PER CALENDAR MONTH) | ||
---|---|---|
Months Vacant | Rent per Annum | Rent PCM |
0 | £8,400 | £700 |
1 | £7,700 | £641.66 |
2 | £7,000 | £583.33 |
3 | £6,300 | £525 |
4 | £5,600 | £466.66 |
5 | £4,900 | £408.33 |
6 | £4,200 | £350 |
7 | £3,500 | £291.66 |
8 | £2,800 | £233.33 |
9 | £2,100 | £175 |
10 | £1,400 | £116.66 |
11 | £700 | £58.33 |
12 | £0 | £0 |
£800PCM (PER CALENDAR MONTH) | ||
---|---|---|
Months Vacant | Rent per Annum | Rent PCM |
0 | £9,600 | £800 |
1 | £8,800 | £733.33 |
2 | £8,000 | £666.66 |
3 | £7,200 | £600 |
4 | £6,400 | £533.33 |
5 | £5,600 | £466.66 |
6 | £4,800 | £400 |
7 | £4,000 | £333.33 |
8 | £3,200 | £266.66 |
9 | £2,400 | £200 |
10 | £1,600 | £133.33 |
11 | £800 | £66.66 |
12 | £0 | £0 |