Rented normally, you'd make about £5,405 a month, if it can be let.

Will it pay?Calculator

£5,405 of every £11,255 is yours to keep, each month

You keep 48p of every pound of rent. The mortgage takes 17p.

£5,405 yours

£11,255 rent in£5,405 yours

◧ market rent £11,255 · 7 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

£168,350 + refurb costs

£48,350 of that never comes back — stamp duty, solicitor and lender fees.

£168,350 to buy it

~£47,305

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 £480,000 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 70% 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.

£3,263 neededof £10,822 rent

stressed at 7.5%, 145% cover

◧ rent after empty weeks £10,822PRA-style test

How big is it, really?The plan

Measured off the plan, not by a surveyor 2,035 sq ft

The area comes off the plan, not a survey. Open for what that means.

□ area off the floorplan — not a survey

Is it a good location?Open the map

Ainsdale, PR8 2QR

2 of 3 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 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 · 6 we could not check · 1 does not apply to this property

■ from the Renters’ Rights Act 2025listing last seen 16 Sep 2026

Which strategy wins?The ways to run it

Nothing here beats a plain let

Let it to the council: £80,844 a year less, but they keep paying when it is empty.

Standard rental+£5,405 · £215,655 in

Short-stay let+£2,452 · £215,655 in

3 nearby short-lets within 20 km · low confidence

Rent by the room−£611 · £235,850 in

Guaranteed council rent−£1,332 · £215,655 in

Housing-benefit rent−£1,522 · £215,655 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) · Buy, improve & sell (pays out on sale)

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

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

+£325,468 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 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 £215,655 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

Could you let it by the room?Room by room

−£611 to +£573 a month at 7 rooms two models disagree, before tax, once converted

The floorplan supports 7 lettable rooms and £33,500 of work gets you there — but the two ways this page prices them do not agree on whether they pay.

◧ room-add model · medium confidence■ 29 room adverts in PR8Dwelfy’s room-add model, before tax