warksfarmer
Member
What would you consider a nice little earner?
No figures to hand but I’ll look it back up for you and report back.
What would you consider a nice little earner?
That would buy a lot of property to rent out.....
I see even the FW is predicting an oversupply of free range eggs.
Only theoretical. I'm guessing a rent of £600 month so £144k tops a year.I don't know, where are these 20 houses for £100k each and how much do they rent out for a month?
It would be a lot easier to persuade a bank to let you build a chicken shed than to buy 20 buy-to-lets i'd imagine.
Yes. Perhaps 10 at 200 k then!The sort of houses that you will get for £100k and rent for £600 a month will require more than average repairs; have a higher than average tenant turnover; and have more empty periods. I think you would be lucky to be getting close to 6% after costs at current house prices, and thats before stamp duties and legals, with a good tenant on a longer-term deal.
I did hear something about that. Can't say our neighbours who do it for a living are looking destitute yetthought tax changes had buggered the buy to let game?
Dont think it affects those who buy the properties in cashI did hear something about that. Can't say our neighbours who do it for a living are looking destitute yet
I reckoned on a free range eggs job paying the same return as b and b pigs, subject to value and use of muck. Difference is that a million and a half of clucks is a fairly small setup whereas a million and a half of oink is a planning hassle. Both pay more than houses; is trading incone; etc. Some people just prefer one over another. I prefer the oink simply for the utility of the sheds and the not needing any grass for roaming chickens.
Pullet rearing could be a low cost start up option?
What would you consider a nice little earner?
Pullet rearing could be a low cost start up option?
Thanks.Egg sales at the time were 7p/egg so 280 per year is £20/bird. Note the reduced laying days of 280 instead of 320 due to the environment not being brand new sheds. 2 sheds would be 32,000 birds so about £640k/year income before any costs or dead birds etc.
There was cost savings to be had by milling your own wheat and buying in the add ins instead of buying in a fully milled feed.
I found a 2 shed setup for sale at the time for £50k but we’d have to dismantle transport and erect. This included feed bins, conveyors etc. I had a very loose price of £100k to dismantle and put back up again, but we guessed by the time we’d concreted, done elec and water we’d be around £500k set up doing it second hand.
Free range eggs are more lucrative than B&B Pigs, definitely so if you dont have your own straw.
Looked seriously at egg production last year to the point of a meeting with planners. On a scale of 64,000 birds the figures were ok, but as mentioned above you need to remove all the fluff from any figures given to you from a contract company. Then its still not a bad return for the investment and your time. We've had a history of poultry so know what its like admittedly they were meat birds on a much smaller scale but never less its still a better understanding. Biosecurity is paramount and cutting corners will bite you badly. In the end we shelved it due to Brexit looming and the uncertainty that brings but also because the sheds don't lend themselves to an alternative future use due to their design. We wanted something more versatile but the specialist poultry building companies had good arguments and evidence why that would not suit the egg layers environment. However I still like the idea but now is not the right time.
You might be better looking to supply locally or as an independent to the larger suppliers but doing it with used equipment as you investment will be far far less, possibly with less output due to the shed aged design, but I can see two sheds totalling 32,000 birds could be a nice little earner doing it that way.