Rented normally, it costs you £173 a month. That is £2,081 a year, every year you hold it.

Will it pay?Calculator

You top up £173 a month — the mortgage takes 62p of every pound of rent

Borrowing £33,300 less would close that shortfall — which is £33,300 more cash at the start, on top of the deposit.

£859 mortgage

£648 running

£1,387 rent in£173 short

◧ market rent £1,387 · 74 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

£74,200 + refurb costs

And about £10,406 more over five years, because it loses £173 every month you hold it — before any repair. That already assumes the rent never falls.

£74,200 to buy it

deposit · stamp duty · solicitor · fees~£10,764, 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 back this rent

We hold too few nearby asking rents to cross-check this figure, so nothing here confirms it a second way.

+64 more

our bar: 10 within 500 m

our own middle half£1,254–£1,534/mo

■ 74 lettings within 1 km□ no nearby asks to cross-checkAdvertised rents, not signed tenancies

What will the rent borrow?Lender test

The rent carries £147,162 of the £165,000 loan

That £17,838 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 rent carries the whole loan. Lenders test the rent at 7.5% and need it to cover 145% of the payment.

£1,495 needed

more than the £1,334 rent

stressed at 7.5%, 145% cover

◧ rent after empty weeks £1,334PRA-style test

How big is it, really?The plan

Measured off the plan, not by a surveyor 587 sq ft

The area comes off the plan, not a survey. Open for what that means.

□ area off the floorplan — not a survey

Is it a good location?Open the map

York

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

■ mapped to a point, not an address

What could kill thisThe checks

£2,800 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.

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

■ from the listinglisting last seen 15 Sep 2026

Which strategy wins?The ways to run it

Short-stay let beats Standard rental by £742 a month

Short-stay let also ties up the least cash, £84,964.

Short-stay let+£569 · £84,964 in

4 nearby short-lets within 5.5 km · low confidence

Standard rental−£173 · £84,964 in

Housing-benefit rent−£723 · £84,964 in

Each row: money kept a month, then the cash it ties up. Not compared: Rent by the room (only 2 bedrooms) · 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)

◧ 3 ways, one measureranked on money kept each month, at the asking price

What would you walk away with?The five-year sums

−£16,880 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 25% in the price would leave nothing from a sale after selling costs, and you would still owe the lender any shortfall. That is the £84,964 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