Rented normally, you'd make about £23 a month.

Will it pay?Calculator

£23 of every £655 is yours to keep, each month

You keep 4p of every pound of rent. The mortgage takes 49p.

+£655−£324−£302−£5£23

Rent inMortgageRunning costsTaxProfit

Rent £655, modelled from 129 nearby lettings

◧ market rent £655 · 129 comps2 empty weeks a year assumed

What if I change my assumptions?The dials

At the asking price, 25% deposit, 6.25% charged

Change any of these 16 and every card on this page changes with it. The 6.25% is the 5.50% quoted plus a company premium.

◧ worked out from local rents

What will it cost me to buy?Breakdown

£28,830 + refurb costs

£8,092 of that never comes back — stamp duty, solicitor and lender fees.

£28,830 to buy it

~£15,111

deposit · stamp duty · solicitor · feeswe haven’t been inside

□ works not inspected

What would have to be true?

We cannot price this without a postcode

Which purchase tax applies — stamp duty, LBTT or land transaction tax — is decided by the nation the address sits in, and this listing carries no postcode to resolve it. Rather than assume England and then price to the pound off it, this card does not answer. The agent can give you the postcode.

□ no postcode on the listing

Is the price right?The deeds

Last sold for £28,500 in 1998

Nothing nearby is comparable, but asking is 191% more than the £28,500 paid for it in 1998.

□ this address’s own deeds, no comparable saleHM Land Registry Price Paid Data

What will the rent borrow?Lender test

The rent carries the whole loan — it could fall 10% and still cover it

Your deposit is what limits this one, not the rent. Lenders test the rent at 7.5% and need it to cover 145% of the payment.

£564 needed

of £630 rent

stressed at 7.5%, 145% cover

◧ rent after empty weeks £630PRA-style test

How big is it, really?The plan

The rooms are on the plan; the total is not

The plan is on file; the floor area is not.

□ no floor area published

What to know before you offerThe checks

Every tenancy here is periodic, with no Section 21 to end it

Tenancies are now periodic, with no Section 21 — budget a longer void.

1 problem found · 1 came back clear · 5 we could not check · 2 do not apply to this property

■ from the Renters’ Rights Act 2025listing last seen 19 Sep 2026

Which strategy wins?The ways to run it

Rent by the room beats Standard rental by £323 a month

Rent by the room needs £20,889 more cash than the others.

Rent by the room+£346 · £64,830 in

Standard rental+£23 · £43,941 in

Housing-benefit rent−£95 · £43,941 in

Each row: money kept a month, then the cash it ties up. Not compared: Do it up, then remortgage (pays back at the remortgage) · Short-stay let (no local short-let data) · Guaranteed council rent (no scheme in this borough) · Buy, improve & sell (pays out on sale)

◧ 3 ways, one measureranked on money kept each month, at the asking price

What would you walk away with, after 5 years?The five-year sums

−£4,786 after five years on the cash you put in, before tax on the sale

Less than the same cash would have made in a savings account, after tax on the interest. The savings account’s capital is not at risk; the property’s is. A fall of about 31% in the price would leave nothing from a sale after selling costs, and you would still owe the lender any shortfall. That is the £43,941 you put in. The 5-year fix runs past this 5-year hold, so the rate reset comes after it.

−£43,941+£102,428−£2,561−£62,213+£1,500−£4,786

Cash you put inSale valueSelling costsMortgageRent keptYou are down

◧ 2.0%/yr growth assumed