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(*Moderator note: This thread was split off from another discussion due to thread drift*).Hi,
I would like to know more about the price of boiler. Is £2,300 reasonable?
I had a new boiler put into a 4 bed house in Manchester and it cost £1200.00.British Gas charge up to £3,000.00.It sounds like you have got a quote somewhere in middle, but you could definitely get it cheaper.
Vanessa Warwick Landlord and Co-Founder of PropertyTribes.com **If you have got value from Property Tribes, find out how you can support it in remaining a free to use community resource**
Impossible to say. There a a wide range of boilers whose prices vary wildly. There are also additional things like magnaclean, power flushing, nest, different thermostat systems which can all make the price fluctuate.
You need to get three quotes from local people and make sure they are all for the same boiler, same extras and same thermostat. Also check they are taking rubbish. Some can charge up to £200 for this so compare like with like. The price is not bad if something like a vailant but is high if for one of the cheaper boilers, but then may not be if it also includes other work, power flush etc.
Its like sayimg what is a good price for a car. Many variables.
I pay around £700 ish for a boiler £250 to install
Learn Change and Adapt ?????
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Lucky you DL. It's around £2k where I am!
I try to bargain with my estate agent. She answers that the electric boiler will be cheaper. It costs only £500!! I cannot believe her.
Running cost will be dearer though for electric boiler
You mean the electric bill?
Yes it will cost tenant a lot and storage heaters will need supplementing with maybe convector heaters.
In my area 1 Kw of electricity costs 17.5 pence - so a typical 2 Kw convector heater costs say £1 per 3 hrs - and you would need a couple of those to heat an average room in winter.
For comparison 1 Kw of gas costs 4.4 pence - so assuming a gas boiler is say 90% efficient the cost of 1 Kw delivered to warming room is say 4.9 pence - or just 28% of the cost of electrical heating.
Also if you check the Economy 7 Elec tariffs (typically used for Storage Heaters) - you see that in return for half price Elec for a specified 7 hr period (varies by region) there is around a doubling of the charge for other Elec use
Wow! It's huge difference!
The gas boiler can save a lot! Now, my immediate concern is about the cost to 'invest' is about £2,300 for gas boiler. But, for electric boiler is about £500 (indeed, I really doubt about the huge difference, and I don't understand that).
I need to think about that.
Again, thank you for your info!
Main point is that tenants may much prefer GCH - and may stay longer - so saving costs of voids.
What exactly is the heating/hot water system at present?