Buy-to-let income valuation

Income-based valuation

Example buy-to-let property

Prepared 21 May 2026
Net income for yield £10,800 / year

Valuation is based on rent less fixed owner costs such as service charge, ground rent and insurance. It excludes letting management, finance, tax and personal ownership costs.

Monthly rent £1,000 gross rent received
Monthly fixed costs £100 before finance
Monthly net income £900 used for yield valuation
Gross annual income £12,000 before fixed costs
7.5% yield £144,000

£10,800 annual net income / 7.5%

10.0% yield £108,000

£10,800 annual net income / 10.0%

Income Bridge

Monthly rent
£1,000
Service charge
£100 / mo
Ground rent
£0 / mo
Insurance
£0 / mo
Other fixed costs
£0 / mo
Net monthly income
£900

Buyer Settings

Deposit assumption
25%
Mortgage type
Interest-only
Mortgage rate
5.50%
Legal fees
£1,500
SDLT basis
Additional property
Management fees
Excluded

Buyer Costs At Each Yield Value

Measure 7.5% value 10.0% value
Income-based value £144,000 £108,000
Stamp duty £7,580 £5,400
Legal fees £1,500 £1,500
25% deposit £36,000 £27,000
Total cash required £45,080 £33,900
Interest-only mortgage £495 / mo £371 / mo
Remaining monthly cash £405 / mo £529 / mo

Monthly Cash Left

Net income
£900
Mortgage at 7.5%
£495
Cash left at 7.5%
£405
Mortgage at 10.0%
£371
Cash left at 10.0%
£529