One Bed Flat Running Costs Please!!

[Teocali]

As above really..

Looking at buying my first apartment and I am curently looking for estimates for running costs...

Flat is all electrically heated, top floor of a new build.

Estimates for electric & water bills would be great - I have been told around £90 per month all in but this sounds too low to me??

I have got fixed prices for Building Insurance, Council Tax, Phone, Mortgage, Service charges and TV licence - anything missed??

Thanks for reading folks!!

Sam

[interloper]

Teocali said:

As above really..

Looking at buying my first apartment and I am curently looking for estimates for running costs...

Flat is all electrically heated, top floor of a new build.

Estimates for electric & water bills would be great - I have been told around £90 per month all in but this sounds too low to me??

I have got fixed prices for Building Insurance, Council Tax, Phone, Mortgage, Service charges and TV licence - anything missed??

Thanks for reading folks!!

Sam

My small studio flat works out at roughly £30-35 a month on electric, think water is now £20 but its un-metered.

[FMV]

Ask the agent or the vendor for a copy of the EPC that should give you a pretty good idea.

[Steamer]

From memory:

About £40 on electric here (no heated needed from April to September)

Water on a meter £5 per month

Management fund £110 per month (buildings insurance included)

Ground rent £100 per year

No Gas

[diesel head]

In our 2 bed new build flat also electrically heated

Electric £42 pm

Water (metered) £12 pm

Hope that helps

[Teocali]

Thanks for the replies all, roughly in line with what I was expecting...now to take the plunge!!

[tempus]

Most M.P`S. can do this on sub £150,000. Tempus hth

[Mobile Chicane]

Energy saving lightbulbs and appliances such as a slow cooker and electric steamer can get the cost of electricity down substantially. You also don't need to have water heating on every day since a well-lagged tank will stay hot for a day or two.

[VxDuncan]

I know it's been mentioned, but again, it's worth stressing that you check the management costs. A lot of management companys chance crazy amounts - anything from a negligible £10/month to a good few hundred.

[mk1fan]

Depends how hot you keep the flat at and how much hot water you use.

My three bed Victorian flat in Newcastle cost me £40 a month in electric and Gas.

[shirt]

i can trump that. 4 bed victorian terrace, £180 a quarter for gas & electric, and that was my winter bill!