As a landlord, are you sure you’re pricing your property as you should? Charge too little, and you lose out on potential income and profit, but charge too much, and you risk long void periods and increased tenant turnover.
To help guide you, we have a rental valuation calculator that uses industry data to look at the typical rent you might expect from a property based on its postcode. All you need is the postcode of your property or the property you’re interested in making into a buy-to-let, and 60-seconds of your time.
Of course, the amount you’ll be able to let the property for depends on a number of factors, including the type of property, its indoor and outdoor condition and the demand for rental property in your area. Our valuation tool is a great starting point to help you estimate rental values, figure out whether the rent is likely to cover your costs, and understand if the property might be a worthwhile investment.
Our online rental valuation calculator is based on current rental prices sourced from industry data, so it’s reliably accurate. One thing we would say is that it’s also very much worth getting a professional valuation from your local lettings agent, who can apply their own local expertise and knowledge to further refine a rental price.
When deciding the rental value of your property, you’ll need to make sure that the rent you charge will not only cover your buy-to-let mortgage repayments if applicable, but also that it covers your other costs such as maintenance, insurance and any potential agent fees. If you need to factor in property financing, buy-to-let mortgage lenders will usually want the rent you charge to cover at least 125% of the mortgage payments. You can read more about buy-to-let mortgages here.
The valuation gives an estimate of what your property could let for. If you opt for the expert valuation, you can ask the agent as many questions as you like, as this one is in-person. The thing to bear in mind is, the more realistic your rent, the more tenant interest you'll receive and the more choice in tenants that you will have. Some good questions to think about when renting a property, and to ask at your expert valuation, are: 'What's the highest price my property could let out for?' and 'What price will generate the most interest in my property?'. These will be different values, giving you a range to think about when it comes to setting the initial price. An agent can help guide you on the start price.
To help you achieve the best possible price, we recommend grabbing a 60-second valuation of your property. This will give you a great indication of what you can rent out for. Also think about the following as a landlord action list:
Correct at the time of publishing – 09/01/2025
CD/CW/115/01.25
Countrywide Mortgage Services is a trading name of Countrywide Principal Services Ltd which is authorised and regulated by the Financial Conduct Authority (Firm Registration Number 301684). Registered Office: Witan Gate House, 500–600 Witan Gate West, Milton Keynes, MK9 1GF. Registered in England no. 01707341.
