Rented normally, you'd make about £212 a month, if it can be let.

Will it pay?Calculator

£212 of every £1,106 is yours to keep, each month

You keep 19p of every pound of rent. The mortgage takes 24p.

£538 running

£1,106 rent in£212 yours

◧ market rent £1,106 · 23 comps2 empty weeks a year assumed

What if I change my assumptions?The dials

At the asking price, 25% deposit, 6.50% charged

Change any of these 16 and every card on this page changes with it. The 6.50% is the 5.75% quoted plus a company premium.

◧ worked out from local rents

What will it cost me to buy?Breakdown

£23,475 + refurb costs

£7,225 of that never comes back — stamp duty, solicitor and lender fees.

£23,475 to buy it

~£15,111

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

□ works not inspected

What would have to be true?

Nothing — it works at the asking price

The rent covers the mortgage, the running costs and the tax at the £65,000 asked, so there is no discount this card has to name. A lower price would be upside, not a condition.

◧ worked back from the rent

What will the rent borrow?Lender test

The rent carries the whole loan — it could fall 58% 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.

£442 needed

of £1,063 rent

stressed at 7.5%, 145% cover

◧ rent after empty weeks £1,063PRA-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

Is it a good location?Open the map

Callington, PL17 8NG

1 of 2 schools in this postcode area rated Good or Outstanding and flood risk checking… — open for the map, the schools and the rest.

Article 4Not assessed for this address

■ postcode area, not this address

What could kill thisThe checks

£2,095 a year in charges for the building, owed even when nobody is living there

The contract the property is sold under sets these charges, and they can go up over the years.

2 problems found · 2 came back clear · 5 we could not check

■ from the listinglisting last seen 15 Sep 2026

Which strategy wins?The ways to run it

Rent by the room beats Standard rental by £344 a month

Let it to the council: £1,296 a year less, but they keep paying when it is empty.

Rent by the room+£556 · £64,586 in

Standard rental+£212 · £38,586 in

Guaranteed council rent+£104 · £38,586 in

Housing-benefit rent−£41 · £38,586 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) · Buy, improve & sell (pays out on sale)

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

What would you walk away with?The five-year sums

+£6,966 after five years on the cash you put in, before tax on the sale

More 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 33% in the price would leave nothing from a sale after selling costs, and you would still owe the lender any shortfall. That is the £38,586 you put in. The 5-year fix runs past this 5-year hold, so the rate reset comes after it.

◧ 2.0%/yr growth assumed