Rented normally, you'd make about £101 a month.

Will it pay?Calculator

£101 of every £1,144 is yours to keep, each month

You keep 9p of every pound of rent. The mortgage takes 55p.

+£1,144−£625−£395−£24£101

Rent inMortgageRunning costsTaxProfit

Rent £1,144, modelled from 62 nearby lettings

◧ market rent £1,144 · 62 comps2 empty weeks a year assumed

What if I change my assumptions?The dials

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

Try your own numbersLive

You keep£101/mo

All-in cash£71,430

Payback59.1 yrs

Offer−+

Deposit−+

Mortgage rate−+

Rent−+

Worked at 6.25% — 5.50% quoted plus a company premium.

◧ worked out from local rents

What will it cost me to buy?Breakdown

£53,800 + refurb costs

£13,800 of that never comes back — stamp duty, solicitor and lender fees.

£53,800 to buy it

~£17,630

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 £104,500 in 2007

Nothing nearby is comparable, but asking is 53% more than the £104,500 paid for it in 2007.

□ 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 1% 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.

£1,088 needed

of £1,100 rent

stressed at 7.5%, 145% cover

◧ rent after empty weeks £1,100PRA-style test

How big is it, really?The plan

One figure, and nothing checking it 732 sq ft

The advert and the survey disagree — open for both figures and the gap.

■ area measured on site

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 · 2 came back clear · 4 we could not check · 2 do not apply to this property

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

Which strategy wins?The ways to run it

Rent by the room beats Standard rental by £95 a month

Rent by the room needs £18,370 more cash than the others.

Rent by the room+£196 · £89,800 in

Standard rental+£101 · £71,430 in

Housing-benefit rent−£227 · £71,430 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

−£313 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 £71,430 you put in. The 5-year fix runs past this 5-year hold, so the rate reset comes after it.

−£71,430+£189,305−£4,733−£120,000+£6,545−£313

Cash you put inSale valueSelling costsMortgageRent keptYou are down

◧ 2.0%/yr growth assumed