Rented normally, it costs you £302 a month. That is £3,623 a year, every year you hold it.

Will it pay?Calculator

You top up £302 a month — the mortgage takes 89p of every pound of rent

Borrowing £57,968 less would close that shortfall — which is £57,968 more cash at the start, on top of the deposit.

+£1,497−£1,328−£471−£302

Rent inMortgageRunning costsShort by

The rent covers £1,497 of that — you cover £302

◧ market rent £1,497 · 77 comps2 empty weeks a year assumed

What if I change my assumptions?The dials

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

Change any of these 16 and every card on this page changes with it. The 6.25% is the 5.50% quoted plus a company premium.

◧ worked out from local rents

What will it cost me to buy?Breakdown

£117,250 + refurb costs

And about £18,115 more over five years, because it loses £302 every month you hold it — before any repair. That already assumes the rent never falls.

£117,250 to buy it

deposit · stamp duty · solicitor · fees~£1,350, unseen

□ 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

Can we trust the rent?Rent evidence

Nearby lettings, but only by searching 1.5 km

We widened the search to find them, so these are not next-door comparisons.

+67 more

our bar: 10 within 500 m

our own middle half£1,436–£1,561/mo

■ 77 lettings within 1.5 km□ searched wider than our barAdvertised rents, not signed tenancies

What will the rent borrow?Lender test

The rent carries £158,833 of the £255,000 loan

That £96,167 is yours to find on top of the deposit. Tested at 125% instead of 145% — a company or a basic-rate taxpayer usually is — the gap is £70,754. Lenders test the rent at 7.5% and need it to cover 145% of the payment.

£2,311 needed

more than the £1,439 rent

stressed at 7.5%, 145% cover

◧ rent after empty weeks £1,439PRA-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

Luton

No schools in this postcode area and flood risk checking… — open for the map, the schools and the rest.

Article 4Not assessed for this address

■ mapped to a point, not an 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 · 5 we could not check · 2 do not apply to this property

■ from the Renters’ Rights Act 2025listing last seen 18 Sep 2026

Which strategy wins?The ways to run it

Every way loses money — Rent by the room loses least, at £288 a month

Rent by the room needs £26,000 more cash than the others.

Rent by the room−£288 · £144,600 in

Standard rental−£302 · £118,600 in

Housing-benefit rent−£697 · £118,600 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

−£26,276 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 23% in the price would leave nothing from a sale after selling costs, and you would still owe the lender any shortfall. That is the £118,600 you put in. The 5-year fix runs past this 5-year hold, so the rate reset comes after it.

−£118,600+£376,356−£9,409−£255,000−£19,623−£26,276

Cash you put inSale valueSelling costsMortgageRent lossesYou are down

◧ 2.0%/yr growth assumed