What is your empty property costing you?
You will be paying full council tax charge on the property which will be costing you between £860 and £3,265 a year in council tax, and from 1st April 2017 long-term empty properties (empty for a continuous period of one year) will be charged a 50% council tax premium increasing annual charge by between £430 and £1,633
Add utilities standing charges, buildings insurance (if you can get it) as well as deterioration and damages could take it well over £7,000.
What could you be earning if someone lived in it?
Properties vary in Powys for the rental values but depending on the property type you could be earning from £382 per month.
Empty property funding options