Best property for investment: the rent comparables sheet and the deal file, built for the buy-to-let investor deciding what to bid on
Yieldzo is for the private buy-to-let investor in the UK with the next purchase to research: the person with three rented houses and a deposit for a fourth, the first-timer with a spreadsheet and twelve portal tabs, the small landlord deciding whether Manchester or Bristol comes next. The free worksheet on this site works a target property's rent estimate from the comparable lets in its street, with the rent per square foot, the spread across the comps and the asking price per square foot, with no account. Then the paid plan keeps the deal file as the record, so the properties looked at, their comps, their area figures and the offers made stop living in a spreadsheet and a memory.
Looked at, compared, appraised, offered
Every property looked at with its comps and the rent estimate they made, the area figures it was read against, the appraisal and the offer, in one place the whole team can see.
A deal is one record, and it usually lives in twelve portal tabs and a spreadsheet
- Every rent estimate with the three lets that made it, kept against the property. Most bad offers are made on a rent nobody checked: the agent's figure, or a portal average for a postcode that includes the wrong side of the tracks. Working the estimate from three lets in the street, per square foot, and keeping them against the property is the decision, and it is the one most investors make once and then forget.
- The area figures the deal was read against, filed with it. A yield map read in March is a different map by September. Filing the area figures the deal was appraised against, with the date they were read, is what lets an investor see whether the deal or the area changed, and it is what makes the next deal in the same postcode start from something.
- Every offer made and its outcome, so a property seen twice is seen once. A house rejected in March comes back in June at a different price with a different agent, and the investor prices it again from scratch. Keeping the appraisal and the offer against the property, with why it was passed on, is what turns a hundred listings a year into a record rather than a memory.
The free tools
The free worksheet here works the figures an investor already has from the portal: the monthly rent and the floor area of three comparable lets in the street, and the floor area and asking price of the target. From those it gives each comp's rent per square foot, the average across them, the spread between the dearest and the cheapest, the estimated monthly and annual rent for the target at the average rate and at the two extremes, and the asking price per square foot. It runs on your comps rather than a published average, and it prints for the file.
- Rent comparables sheet: Put in the monthly rent and floor area of three comparable lets and the target's floor area and asking price, and see each comp's rent per square foot, the average, the target's estimated rent at the average and at each comp's rate, and the asking price per square foot.
Yieldzo Pro
Upgrading turns the worksheet into the record. The comps become a deal with an address on it; every rent estimate is recorded against the property with the comps that made it; the area figures the deal was read against are filed with it; the offer and its outcome close the file. Export is always available, so the deal history is yours whether or not you stay. Yieldzo Pro is £35 per month for your whole team, billed monthly.
