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Renting a 1/2bedroom flat

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TheSurface
TheSurface Posts: 6 Forumite
edited 26 May 2013 at 8:52PM in House buying, renting & selling
I am planning to rent a 1 or 2 bedroom flat (was originally looking for a 1 bedroom but some of the 2 bedroom ones are cheaper or the same price!!) and have been thinking about what costs I need to plan for:

New costs:
- Rent
- Water
- Electric
- Gas (though a lot seem to have electric heating which is more expensive?)
- Council Tax
- TV License
- Ground rent/maintainence fees (already included in rent maybe?)
- Landline/internet

Costs I already have:
- Groceries
- Car expenses

What else do I need to budget for?

How much can I expect electric/gas to be per month for a small place?

Comments

  • Old_Git
    Old_Git Posts: 4,751 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Cashback Cashier
    ground rent and maintenance are not your problem unless you buy .Are you renting furnished of not you need to budget for that
    "Do not regret growing older, it's a privilege denied to many"
  • monty-doggy
    monty-doggy Posts: 2,134 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    I rented a new build two bed flat with a power shower. It was about £40 a month for water, £60 for both gas and electric combined, £980 a year council tax, and as the above says maintenance and ground rent should be included.

    Mine was furnished apart from the bedroom.
    I spent about £200 a month on groceries, cleaning products and laundry products.

    You will need to buy a vacuum, iron, ironing board and all your household bits like pots, pans, plates,bedding, towels, plus any home furnishings like pictures, rugs etc but you can do this over time.

    I loved my first flat, it was hard leaving home and buying everything I needed but so worth it!

    Good luck!
  • Thanks - managed to sort myself out now
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