Rented normally, it costs you £147 a month. That is £1,759 a year, every year you hold it.

Will it pay?Calculator

You top up £147 a month — the mortgage takes 52p of every pound of rent

Borrowing £27,060 less would close that shortfall — which is £27,060 more cash at the start, on top of the deposit.

+£1,162−£609−£699−£147

Rent inMortgageRunning costsShort by

The rent covers £1,162 of that — you cover £147

◧ market rent £1,162 · 112 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

£50,750 + refurb costs

And about £8,795 more over five years, because it loses £147 every month you hold it — before any repair. That already assumes the rent never falls.

£50,750 to buy it

deposit · stamp duty · solicitor · fees~£8,910, unseen

□ works not inspected

What would have to be true?The working

£35,000 off and it stops losing money

At the asking price you feed it £147 a month. At £113,906 the rent covers everything — leaving stamp duty of £5,695 at that price.

offer £113,906

asked £150,000

◧ worked back from the rent■ stamp duty re-bandedrounded down to £5,000 — the rent it works back from is an estimate

Is the price right?The deeds

Last sold for £120,000 in 2007

Nothing nearby is comparable, but asking is 25% more than the £120,000 paid for it in 2007.

□ 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.

+102 more

our bar: 10 within 500 m

our own middle half£1,117–£1,209/mo

■ 112 lettings within 500 m□ 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 9% 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.

£1,020 needed

of £1,117 rent

stressed at 7.5%, 145% cover

◧ rent after empty weeks £1,117PRA-style test

How big is it, really?The plan

The plan and the advert, side by side 479 sq ft

Two figures for this house, and neither is a survey. Open for both.

AdvertFloorplan

469 sq ft479 sq ft489 sq ft

469 sq ft489 sq ft

neither is a survey — a tape measure settles it

□ area off the floorplan — not a survey

Is it a good location?Open the map

Leeds City Centre, LS1 4FB

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

Article 4Planning permission required to let by the room

■ postcode area, not this address

What could kill thisThe checks

£3,386 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.

3 problems found · 1 came back clear · 3 we could not check · 2 do not apply to this property

■ from the listinglisting last seen 12 Sep 2026

Which strategy wins?The ways to run it

Every way loses money — Short-stay let loses least, at £83 a month

Let it to the council: £3,816 a year less, but they keep paying when it is empty.

Short-stay let−£83 · £59,660 in

56 nearby short-lets within 5.5 km · low confidence

Standard rental−£147 · £59,660 in

Guaranteed council rent−£465 · £59,660 in

Housing-benefit rent−£590 · £59,660 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

−£13,981 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 26% in the price would leave nothing from a sale after selling costs, and you would still owe the lender any shortfall. That is the £59,660 you put in. The 5-year fix runs past this 5-year hold, so the rate reset comes after it.

−£59,660+£172,006−£4,300−£112,500−£9,527−£13,981

Cash you put inSale valueSelling costsMortgageRent lossesYou are down

◧ 2.0%/yr growth assumed