Rented normally, you'd make about £169 a month.

What could kill thisThe checks

Cash buyers only — there is no mortgage on this one

The listing says no mortgage, and every figure on this page is worked with one.

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

■ from the listinglisting last seen 07 Sep 2026

Will it pay?Calculator

£169 of every £1,381 is yours to keep, each month

You keep 12p of every pound of rent. The mortgage takes 38p.

£528 mortgage

£591 running

£1,381 rent in£169 yours

£175 of that is a guess — no service charge published.

□ 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

£44,050 + refurb costs

£11,550 of that never comes back — stamp duty, solicitor and lender fees.

£44,050 to buy it

~£30,296

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 £130,000 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

Is the price right?The deeds

Last sold for £66,000 in 1999

Nothing nearby is comparable, but asking is 97% more than the £66,000 paid for it in 1999.

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

How big is it, really?The plan

One figure, and nothing checking it 484 sq ft

Only the agent’s figure exists for this house. Open for what that means.

□ area unchecked — agent’s own

Is it a good location?Open the map

London, SE6 2TX

1 of 4 schools in this postcode area rated Good or Outstanding 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

Which strategy wins?The ways to run it

Guaranteed council rent beats Standard rental by £92 a month

Let it to the council and you keep £92 a month more, and they keep paying when it is empty.

Guaranteed council rent+£261 · £74,346 in

Standard rental+£169 · £74,346 in

Short-stay let+£135 · £74,346 in

7 nearby short-lets within 5.5 km · low confidence

Housing-benefit rent+£45 · £74,346 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?The five-year sums

+£267 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 33% in the price would leave nothing from a sale after selling costs, and you would still owe the lender any shortfall. That is the £74,346 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