cost of Renting a place on your own outside of London?

ShiWarrior · 15 Apr 2018 at 19:10

As this is the only forum i use, i thought id ask this here to get some ideas of costs per month for Renting a 1 bedroom flat etc

I have googled to try and see what other people are paying, so based on at, i want to check that my maths are about right (give or take a bit of course depending on area/circumstances)

other than the main rent price PCM ..

Electricity £35
Water £25
Gas £15
TV Licence £12.50
Internet (and phone line if applicable) £20
Council Tax £150
Road Tax £20 (£240 a year)
Car Insurance £20 (£240 a year)
MOT £4.15
Interim Service £12.50
Petrol £70
Pension £50
Help to buy I.S.A. £200
Supermarket Sweep £70
Mobile £10
Home Contents Insurance £25
Entertainment / Going out £25

Approx £750 / a month

Adding rent of £500 a month brings it to £1250 a month

Does this sound to be about right ? or is it way to high / low ?

Thanks in advance

ShiWarrior · 15 Apr 2018 at 20:07

Moses said:
I assume he knows the rent will be ~£500/month and he's just checking everything else is in the right ballpark, given across the country the other things don't vary much (other than council tax which he of course also knows).

I don't actually know

Just looking for a place to rent , rather than staying with my parents, so been looking around, about 1 hours drive from work, so im unsure on council tax etc, so i wanted a ball park figure

ShiWarrior · 15 Apr 2018 at 20:09

Frozennova said:
Internet phone line is probably £15-20 a month short.

I'm not sure I could manage on £15 a week food either

i eat at work, and rarely eat when i get home

ShiWarrior · 15 Apr 2018 at 20:22

builder22 said:
what is supermarket sweep..just shampoo etc?

I think your total is about right, but can't see you being able to put in £200 a month to ISA, you'll end up using that for random going out/eating/something you want to buy etc

food for at home, soap, shampoo etc etc, been known to spend £50 on supermarket in a month as I eat at work

ShiWarrior · 15 Apr 2018 at 20:24

tom_e said:
The fact you're budgeting for a help to buy ISA means you obviously want to own a home sometime before you die, therefore I'd forget the renting idea and plough all that cash into getting a deposit.

im trying to, believe me, but was hoping i was over estimating the prices to see if it was doable

ShiWarrior · 15 Apr 2018 at 22:08

Ace Modder said:
£70 a month for food, even a single person that seems very very low for a months food and cleaning supplies and bathroom stuff.

i dont have to pay cleaning supplies, only toothpaste soap etc for myself
also i get discount as i work there

ShiWarrior · 16 Apr 2018 at 21:08

Energize said:
You don't need a TV licence, I don't have one so that shaves a bit off.

And if TV licence is (if applicable) then surely the same goes for road tax and car insurance.

you dont need a TV licence ?
so if im watching BBC1 i dont have to have a licence to watch it ?

are you pulling my chain, as im pretty sure you have to have one, otherwise your breaking the law?

ShiWarrior · 16 Apr 2018 at 21:10

TacticalFish said:
Recently moved into a Studio flat, rough estimation of my outgoings here, if it's any help:

Rent: 700 (inc. elec., no gas)
Council tax: 115
Broadband: 25
Contract: 38
Car insurance: 90
Car insuranceTax: 15
Petrol: 180-200
Food shopping: 150
Social: 200
Total: £1,533.

Needless to say, I've been cutting down going out a lot.

thanks for that mate

ShiWarrior · 16 Apr 2018 at 21:11

Fusion said:
£700 for a studio, oof. Where's that?

even around here, cheapest rent is like £700 PCM for a 1 bedroom flat (ill have to double check Rightmove though)

ShiWarrior · 21 Apr 2018 at 15:42

Thanks all for the replies
so i have found the answer (although i've not re-evaluated my prices) and it's a no. If i was to "rent" a place on my own around here (within 50 miles) I would be loosing money every month. So i guess i will have to stick at it until my help to buy isa is full in 5 years time THEN move (sounds like i need to move up North)

ShiWarrior · 22 Apr 2018 at 12:06

Megahurtz400 said:
So you're just never going to clean your flat?

i dont live in a flat, i quoted somebody else about living where i am currently, that does not relate to living on my own

ShiWarrior · 23 Apr 2018 at 16:57

Lopéz said:
You spend a tenner a day on lunch? Mental.

my lunch is about £1.30 a day

used to work for AXA some, 20 years ago, that was free dinners !