Rented normally, it costs you £271 a month. That is £3,254 a year, every year you hold it.

Will it pay?Calculator

You top up £271 a month — the mortgage takes 70p of every pound of rent

Borrowing £50,060 less would close that shortfall — which is £50,060 more cash at the start, on top of the deposit.

£630 mortgage

£508 running

£901 rent in£271 short

£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

£52,425 + refurb costs

And about £16,269 more over five years, because it loses £271 every month you hold it — before any repair. That already assumes the rent never falls.

£52,425 to buy it

~£15,111

deposit · stamp duty · solicitor · feeswe haven’t been inside

□ works not inspected

What would have to be true?The search

No offer makes this pay

Even at £93,000 — well below the £155,000 asked — the rent still does not cover the costs. The gap is the rent against the running costs, not the price, so negotiating does not close it.

◧ worked back from the rent■ stamp duty re-bandedtested down to £93,000

Is the price right?The deeds

Last sold for £95,400 in 2018

Nothing nearby is comparable, but asking is 62% more than the £95,400 paid for it in 2018.

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

What will the rent borrow?Lender test

The rent carries £95,597 of the £116,250 loan

That £20,653 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 £5,358. Lenders test the rent at 7.5% and need it to cover 145% of the payment.

£1,054 needed

more than the £866 rent

stressed at 7.5%, 145% cover

◧ rent after empty weeks £866PRA-style test

Who has to say yes?Council record

Great Yarmouth council approves 96% — 81% on a cautious reading

A council-wide rate across 26 HMO decisions, not a forecast for this address.

96%

0%50%100%

never approvesalways approves

the band is the cautious reading of the same 26 decisions — as low as 81%

■ Article 4 — planning permission requireddecision record held for this authority

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

No school rated Good or better in this postcode area

4 schools in this postcode area, none rated Good or better 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

The council here has taken away the automatic right to rent this out by the room

You would have to apply for permission first, and the council can say no.

2 problems found · 1 came back clear · 6 we could not check

■ from the Article 4 maplisting last seen 15 Sep 2026

Which strategy wins?The ways to run it

Rent by the room beats Standard rental by £525 a month

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

Rent by the room+£254 · £93,536 in

Standard rental−£271 · £67,536 in

Housing-benefit rent−£536 · £67,536 in

Short-stay let−£616 · £67,536 in

37 nearby short-lets within 5.5 km · medium confidence

Each row: money kept a month, then the cash it ties up. Not compared: Do it up, then remortgage (pays back at the remortgage) · Guaranteed council rent (no scheme in this borough) · 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

−£23,983 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 £67,536 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