Practical property advice
How much does your rental property really earn?
Gross rental yield does not account for management fees, maintenance, insurance, certificates, void periods, financing or tax. Compare sustainable net income against the property value and risks, not just the advertised monthly rent.
Practical steps to consider
- Step 1
Use realistic annual rent and explicit assumptions.
- Step 2
Budget for maintenance and unexpected periods without rent.
- Step 3
Seek advice on personal tax and financing obligations.
How Hermens can help
We provide residential estate agency, lettings and property management across West London and Surrey. We can discuss an appraisal, marketing, tenant finding or management support according to your circumstances. Services and fees are agreed before instruction; legal and tax matters may require separate independent professional advice.