Rented normally, you'd make about £3,692 a month, if it can be let.

Will it pay?Calculator

£3,692 of every £5,999 is yours to keep, each month

You keep 62p of every pound of rent. The mortgage takes under 1p.

£3,692 yours

£5,999 rent in£3,692 yours

◧ market rent £5,999 · 4 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

£3,960 + refurb costs

£2,960 of that never comes back — stamp duty, solicitor and lender fees.

£3,960 to buy it

~£2,400

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

□ works not inspected

What would have to be true?

No offer works back from a stand-in rent

Every price on this card is that rent inverted. This listing’s rent is a wider-area figure rather than a like-for-like comparison of nearby lettings, and a price worked back from it would be quoted to the £5,000 on evidence that cannot carry it.

◧ rent is a wider-area stand-in

What will the rent borrow?Lender test

The rent carries the whole loan — it could fall 100% 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.

£27 neededof £5,768 rent

stressed at 7.5%, 145% cover

◧ rent after empty weeks £5,768PRA-style test

Is it a good location?Open the map

Harrow, HA2 6LG

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

■ postcode area, not this address

What could kill thisThe checks

You would need a licence from the council first

Letting without the council’s licence is an offence, and the fee is in no figure here.

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

■ from council licensing registerlisting last seen 20 May 2026

Which strategy wins?The ways to run it

Nothing here beats a plain let

Let it to the council: £29,220 a year less, but they keep paying when it is empty.

Standard rental+£3,692 · £6,360 in

Guaranteed council rent+£1,257 · £6,360 in

Rent by the room+£1,253 · £6,360 in

Housing-benefit rent+£1,085 · £6,360 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) · 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

+£236,598 after five years on the cash you put in, before tax on the sale

More 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 45% in the price would leave nothing from a sale after selling costs, and you would still owe the lender any shortfall. That is the £6,360 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