Look beyond the headline rental yield
A purchase deserves more than a gross-yield percentage. Demand, condition, finance, tax and exit options determine whether the property really works.
Verify achievable rent
Compare genuine local evidence and adjust for condition, parking, bills, layout and seasonality. Asking rents are an indicator, not proof.
Price the building
Include immediate repairs, future components, licensing and compliance work. Stress-test a void and a higher mortgage rate.
Think about the exit
Consider who might buy or refinance the property later. A deal that works only under perfect assumptions is fragile.
Editorial note
General information only. Check current official guidance and obtain advice for your circumstances.