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The initial cost was £42k in 2000 and improvement since in the region of £30k overall. It was my primary home until Nov 2011, and was subsequently rented out wef October 2012
Thanks.Can you tell me which month in 2000 you bought the property please? What is the monthly rent? What are the regular expenses, eg letting agent fees, insurances, etc?
the property was bought in January 2000.
letting fees are 10% of the rent (£420-450/mth) and insurance £20/mth.
The next expense would be central heating & improved plumbing £5k
Maybe damp proofing up to £1k.
between now +next tenant/sale outside work up to £1k.