Keep electric heaters or install gas?

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    Keep electric heaters or install gas?

    Hi guys,
    I've just bought a property to do some work on and let out.
    At the moment it has storage heaters fitted, its a tiny 2 bed terraced house, no gas at all.
    I am going to let it come the beginning of next year so at the moment im having the windows replaced, plastering etc etc
    Would you recommend fitting gas and central heating?
    Or leave the storage heaters? is it worth putting the extra money into it for minimum return at least until i sell it that is..
    I'm split down the middle about it, part of me says yes and its an added selling point, the other half says leave it for now and when the time does come to sell then stick it in if it would boost the value..

    Help!

    #2
    terraced houses ( old uns ) can be hard to heat, and storage heaters very expensive, as you ( as you know ) have to spend money to heat them up during the night on economy 7 ( if you have that ), leave them to lose some heat during the day, then not open the flap to let the heat out if its been a warm day - so total waste of money that day.

    But, suggest you stick with them, as house wont be too large, and supply 2 fan heaters for extra heat.

    Suggest you give them FULL instuctions, written, as to how to effectivly manage storage heaters, anticipate the next days temperatures, and act accordingly with charging up the storage heaters.
    That way, you are seen to be concerned about the costs, and have supplied additional heating if required.

    And I know you can just turn on the storage heaters for heat, but they ARE expensive to run if not run properly and next day temperatures are not anticipated

    Comment


      #3
      Until recently I used to recommend people keep storage heaters as they rarely break down, and don't require a gas certificate. Unfortunately due to the tariff they are on, S******* Electric see my tenants as a cash cow, and have just increased the heating units by 16%. It's now 8.32p per unit. (Back in 2000 it was 2.06p a unit, a quarter of the cost!)

      Of course I have to reduce the rent by a fair amount in view of this, so really the cost comes out of my pocket.

      Change to central heating if it can be done for a reasonable cost.

      Comment


        #4
        Originally posted by JK0 View Post
        S******* Electric see my tenants as a cash cow, and have just increased the heating units by 16%. It's now 8.32p per unit. (Back in 2000 it was 2.06p a unit, a quarter of the cost!)
        Editing a name, but leaving readers with little doubt as to whom you are referring to, is not a protection from a libel claim.
        I also post as Mars_Mug when not moderating

        Comment


          #5
          If you can afford it move to GCH, it's much more economical.

          Comment


            #6
            Thanks for your responses.
            Basically abit of back ground, i am 23 and this is my first property of the buy to let type.
            I am on a fairly tight budget, having the single glazing replaced for double, new kitchen, bathroom, decorate through out etc.
            I have been quoted around 4k to have the gas brought up to the house and the full system installed within, so 4k is quite an extra chunk to shell out..
            The house only has 5 rooms in total and to say its tiny would be an understatement haha. I'm just very unsure whether the extra expense would be reflected in the rent per month..

            Comment


              #7
              Well, you know that your rent has to be at 125% revenue so you know your minimum rent to charge.

              You are the custodian of all the facts relating to where you are, how much similar properties rent for, with and without central heating, so only you can juggle with the figures to set a rent rate acceptable.
              We can't help on that side.

              But, hows about, in the meantime, talking to all the other owners and ask if they would like Gas, as i am sure if you get a minimum 4 others saying yes, then a new quote from the Gas board, and maybe divide the £ 4000 ( = a bit extra for 3 more short pipes to the others ) and your costs could reduce to £ 1000 each ?

              Just a thought to consider.

              Comment


                #8
                Consider renting to someone eligible for a heating upgrade under an Energy Saving Trust scheme, then applying for a free whatever, and all the other free insulation etc you may be able to get.

                You may need to be quick about it.

                ML
                Refer Mad Regulators to Arkell vs Pressdram.

                Comment


                  #9
                  ask the gas install company, if the area is deprived, such as Margate in Kent, the government give a grant which was totally funded by them

                  Comment


                    #10
                    You don't mention how you heat your water. Perhaps by fitting in a gas combi boiler, you will you will get hot water and heating from one unit. I prefer gas boilers.

                    I have a soft spot for storage heaters. The way storage heaters work, is that it takes up charge at night and then slowly releases heat during the day. So in a sense, the property is continuously warm. Unlike a gas combi boiler heated property, you tend to go from hot to cold, as people turn off or turn on the heating. e.g. people turn off the heating when they are out and then come home to a cold property...

                    There is a sense of continuous heating from storage heaters.

                    There are companies which have brought out intelligent storage heaters. So, if it happens to be a little cold, you can have fan heaters in-built. There are others which work of dual electric tarrif. They use cheap tarrif at night, but top-up on regular electricity during the day.

                    The main point to get to your tenants, is that storage heaters take at least a full night or two to fully charge.

                    Comment


                      #11
                      We have no gas where I live so buy propane - much more expensive. No chance of gas being put in either - unless the whole community pay thousands each towards it....
                      Unshackled by the chains of idle vanity, A modest manatee, that's me

                      Comment


                        #12
                        Storage heaters are useless because they release all the heat during the day when nobody is in. Unless retired, unemployed or work night shift choose an alternative.

                        Comment


                          #13
                          QfF: That statement is inaccurate... not all the heat....
                          I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

                          Comment


                            #14
                            Agreed. Should have said most of the heat. On a positive note they are good for drying clothes next to during the day but a tumble dryer is still probably cheaper.

                            Comment


                              #15
                              Originally posted by QuestForFreedom View Post
                              Storage heaters are useless because they release all the heat during the day when nobody is in. Unless retired, unemployed or work night shift choose an alternative.
                              Or housewife, work from home, carer, have a well-insulated house that holds heat, student, etc etc.

                              According to the TUC, about 5 million work from home.

                              And others - eg nurses, firemen - who are on on/off patterns are home half the time.

                              ie about half the population :-).

                              ML
                              Refer Mad Regulators to Arkell vs Pressdram.

                              Comment

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