Rented normally, it costs you £12 a month. That is £142 a year, every year you hold it.

Will it pay?Calculator

You top up £12 a month — the mortgage takes 37p of every pound of rent

Borrowing £2,179 less would close that shortfall — which is £2,179 more cash at the start, on top of the deposit.

+£769−£284−£496−£12

Rent inMortgageRunning costsShort by

The rent covers £769 of that — you cover £12

□ service charge not published2 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

£25,050 + refurb costs

And about £708 more over five years, because it loses £12 every month you hold it — before any repair. That already assumes the rent never falls.

£25,050 to buy it

~£7,130

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

□ works not inspected

What would have to be true?

Break-even is within £5,000 of the asked price

It lands that close to the £70,000 asked — inside the step this card rounds to, and inside the confidence band on the rent it works back from. So the price asked is already about the price this rent carries, and there is no honest discount to print.

◧ worked back from the rent

Is the price right?The deeds

Last sold for £65,000 in 2020

Nothing nearby is comparable, but asking is 8% more than the £65,000 paid for it in 2020.

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

Can we trust the rent?Rent evidence

Nearby lettings back this rent

We hold too few nearby asking rents to cross-check this figure, so nothing here confirms it a second way.

+108 more

our bar: 10 within 500 m

our own middle half£665–£889/mo

■ 118 lettings within 1 km□ no nearby asks to cross-checkAdvertised rents, not signed tenancies

What will the rent borrow?Lender test

The rent carries the whole loan — it could fall 36% 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.

£476 needed

of £739 rent

stressed at 7.5%, 145% cover

◧ rent after empty weeks £739PRA-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

Wakefield, WF1 4PL

1 of 5 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

£1,560 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 · 1 came back clear · 4 we could not check · 2 do not apply to this property

■ from the listinglisting last seen 18 Sep 2026

Which strategy wins?The ways to run it

Short-stay let beats Standard rental by £192 a month

Let it to the council: £1,224 a year less, but they keep paying when it is empty.

Short-stay let+£180 · £32,180 in

25 nearby short-lets within 20 km · medium confidence

Standard rental−£12 · £32,180 in

Guaranteed council rent−£114 · £32,180 in

Housing-benefit rent−£265 · £32,180 in

Each row: money kept a month, then the cash it ties up. Not compared: Rent by the room (only 1 bedroom) · Do it up, then remortgage (pays back at the remortgage) · 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, after 5 years?The five-year sums

−£5,105 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 28% in the price would leave nothing from a sale after selling costs, and you would still owe the lender any shortfall. That is the £32,180 you put in. The 5-year fix runs past this 5-year hold, so the rate reset comes after it.

−£32,180+£82,403−£2,060−£52,500−£767−£5,105

Cash you put inSale valueSelling costsMortgageRent lossesYou are down

◧ 2.0%/yr growth assumed