⚠️ Draft article — written to lay the page out, not checked against a current price list. Replace before launch.
Gross yield is annual rent divided by purchase price. It is the easiest number in property to produce and the least useful one to act on, because it assumes the building costs nothing to own and the unit is never empty. Neither is true of any building anywhere.
The four subtractions
The service charge is the largest and the most variable. It is quoted per square foot per year, it is set by the owners' association, and it differs between two towers on the same street by more than most buyers assume. Ask for the last three years of it, not this year's figure — the trend tells you more than the number.
Then the letting commission, the utility connection and the annual maintenance the tenant is not responsible for. Individually small; together they are rarely under a month of rent.
The fourth is the one people forget entirely: void. A unit that lets instantly every year is a unit that is priced under the market. Budget for a few weeks between tenancies, and if the honest answer is that you cannot afford those weeks, the deal is thinner than it looked.
What we will send you
We do not publish blanket yield figures on this site, because a yield that is not yours is worth nothing — it varies by building, by floor, by view, and by the month you happen to buy in. Ask us about a specific building and we will send the working, including the buildings where the answer is disappointing.
