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Here at Bowes Mitchell 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