Rented normally, you'd make about £100 a month.

Will it pay?Calculator

£100 of every £995 is yours to keep, each month

You keep 10p of every pound of rent. The mortgage takes 49p.

£488 mortgage

£346 running

£995 rent in£100 yours

◧ market rent £995 · 28 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

£40,500 + refurb costs

£10,500 of that never comes back — stamp duty, solicitor and lender fees.

~£64,142

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

£40,500 to buy it

□ 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 £120,000 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 £57,000 in 2018

Nothing nearby is comparable, but asking is 111% more than the £57,000 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 the whole loan — it could fall 15% 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.

£816 needed

of £957 rent

stressed at 7.5%, 145% cover

◧ rent after empty weeks £957PRA-style test

How big is it, really?The plan

One figure, and nothing checking it 1,023 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

Huddersfield, HD5 9PF

3 of 5 schools in this postcode area rated Good or Outstanding 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 to know before you offerThe checks

Every tenancy here is periodic, with no Section 21 to end it

Tenancies are now periodic, with no Section 21 — budget a longer void.

1 problem found · 1 came back clear · 6 we could not check · 1 does not apply to this property

■ from the Renters’ Rights Act 2025listing last seen 15 Sep 2026

Which strategy wins?The ways to run it

Nothing here beats a plain let

Let it to the council: £2,148 a year less, but they keep paying when it is empty.

Standard rental+£100 · £104,642 in

Guaranteed council rent−£79 · £104,642 in

Rent by the room−£100 · £104,642 in

Housing-benefit rent−£202 · £104,642 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

−£14,102 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 43% in the price would leave nothing from a sale after selling costs, and you would still owe the lender any shortfall. That is the £104,642 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