4-bed
60 Salisbury Park
© OpenStreetMap · click to open in maps
Asking price
£606,000
Verdict
Looks fair for the area
What you could do with it
Estimated gross yields from current rental comps. Numbers are pre-cost — service, voids, mortgage, management still come off these.
Standard BTL
£1,600/mo
3.2% gross yield
Open-market tenant on a 12-month AST.
HMO (rooms)
Best fit£2,064/mo
4.1% gross yield
4–6 individual tenants, shared living. Highest yield, most management.
⚠ Article 4 area — HMO conversion needs planning consent.
LHA / Section 8
£848/mo
1.7% gross yield
Council-paid tenant. Stable rent, longer tenancies, slight discount to market.
Council lease
£721/mo
1.4% gross yield
3–5 yr guaranteed-rent lease to a housing association. Hands-off.
Who is this for?
Quick read across the buyer personas. ✅ = good fit · ⚠ = workable with caveats · ❌ = look elsewhere.
Family home
4-bed but EPC unknown — factor retrofit cost or budget for it.
Standard BTL
3.2% gross — won't cover costs at current rates.
HMO (rooms)
4.1% HMO yield + Article 4 — slow + expensive to convert.
Buy + rent later
Rent wouldn't cover mortgage — selling to exit may be your only option.
The numbers
England (SDLT) · 75% LTV mortgage at 5.5% over 25 years (capital repayment).
Stamp duty
First-time buyer
£9,050
Home mover
£17,800
2nd home / BTL
£48,100
Mortgage @ 75% LTV
- Loan
- £454,500
- Deposit
- £151,500
- Per month
- £2,791
Cash you'd need to walk in (deposit + investor SDLT, before legal/survey): £199,600
Should you pay this?
Asking price is in line with what 4-bed homes have been selling for nearby.
Contains HM Land Registry data © Crown copyright and database right.
What it'd rent for
£1,600/month3.17% gross yield
Most landlords need 5%+ gross to break even after costs in this area, so this is tight as a fallback — worth running the numbers carefully.
Property features
- []
Loading nearby sold…
Crime risk
Flood risk
Area pulse
- Inside an Article 4 area — HMO conversion needs planning consent (don't assume you can split it).
Share this analysis
Want unlimited saved searches, the full investor breakdown, and the what-if calculator? Try Pro free for 3 days.