Pricing

Free estimate

Free. For one flat from its listing link or your photos: the fair range for the asking price, where the asking price falls against it, and the verdict.

Investment plan: $20 per flat

• Long-term let against short-term let, with the net yearly return on each.
• Three renovation options, and what each one costs and adds to your return.
• The capital it takes (asking price plus renovation), and how many years until it pays back.
• A renovation agreement for the level you choose, ready to read, sign and print.

The plan covers one flat and needs its floor plan as an image.

What the figures are

• Renovation costs are estimates: the quantities read from the floor plan and the photos, priced with the Instaflat price catalogue, plus an allowance for contingencies and VAT. The contractor you choose confirms the price after a visit.
• Rents and short-term income are estimates from comparable listings found for the flat, or from the Instaflat rental assumptions when too few are found. For each figure, "How this is calculated" shows the assumptions.
• The yield is net, after the costs of letting, and before income tax. The capital it takes is the asking price plus the renovation cost; it leaves out the costs of the purchase (transfer tax, notary, lawyer, land registry fees, agency fee).
• The agreement sets out the scope, the plan's price, the schedule and the payments to the contractor you choose: on signing, at the mid-point and on handover. The contractor confirms the price after a visit, and any change is agreed in writing before work starts. Instaflat is not a party to it and takes no payment for the works.