2 days ago | 4 comments
Hi, I’m a one rental property owner, a lovely 3 bedroom semi, rendered to EPC C with an allotment and large gardens based in Yeadon, Leeds.
I own it outright and have done for 7 years, it returns £900 per month.
I’ve a feeling it’s reached it’s full price potential and will need a new kitchen/bathroom in the next 5 years so should I jump and sell before the new regulations kick in?
My current tenants aren’t the easiest and I feel they will probably abuse the new system.
I’m 58, own my house, have a decent pension etc, so what am I best doing with the hopefully £200k + I get from the house sale? Stick half in my pension and invest the rest in ISAs?
Thanks in advance for any advice.
Tim
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2 days ago | 4 comments
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Member Since January 2024 - Comments: 342
11:58 AM, 10th April 2026, About 10 hours ago
£900pm equates to 5.4% yield if your property is worth £200k. That is before expenses, agent fees, etc and if the net rent takes you into the 40% tax band you will be paying 40% tax on the income and only getting 20% tax relief for interest.
Personally I would sell and invest the funds elsewhere. The yield isn’t great on the property, probably not much capital gain at the moment and too much risk in the PRS, not enough reward.
Member Since April 2023 - Comments: 19
12:12 PM, 10th April 2026, About 10 hours ago
Reply to the comment left by Ryan Stevens at 10/04/2026 – 11:58
I did only pay £90k 6 years ago but the up coming changes worry me
Member Since January 2011 - Comments: 12195 - Articles: 1396
12:30 PM, 10th April 2026, About 9 hours ago
Every single day, we help landlords consider all of the options for scenarios just like this one. There’s only so much anybody can get from answers on a forum. A 30-minute initial discussion with a Property118 consultant will be enough to show you a lot more, and it’s free!
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I hope that helps.
Member Since October 2019 - Comments: 393
12:56 PM, 10th April 2026, About 9 hours ago
I’ll have your £200k so no problem there! We’re pounded by the authorities, pounded by tenants, ripped off by so called tradesmen, face£40k fines. What’s the point in carrying on? I had a local ‘gas engineer’ look at my boiler and stated “2 of your radiators and some pipe work is choked up and quoted £3500 ! ! So I got ‘Britishgas ‘ out, a young engineer came out, replaced a small part which took about 15 minutes and charged just £89 pounds! My thoughts, the cowboy knew what the problem was but not enough profit so invented a greater problem!
Member Since October 2019 - Comments: 393
2:37 PM, 10th April 2026, About 7 hours ago
Re’ British Gas (previous comment). Does anyone know if they install full central heating systems as the ad’s only show boilers installed?
Member Since October 2020 - Comments: 1144
4:05 PM, 10th April 2026, About 6 hours ago
In your situation, I wouldnt think twice about selling.
Member Since January 2024 - Comments: 342
4:10 PM, 10th April 2026, About 6 hours ago
Reply to the comment left by Armo at 10/04/2026 – 12:12
Cash in and run!
I doubt if we will see those gains again. If we do, governments of every persuasion will be increasing CGT rates and other taxes to pay for the blackmailing of voters.
I haven’t seen taxes come down for years and property is an easy target.