Rented normally, you'd make about £55 a month.

Will it pay?Calculator

£55 of every £2,431 is yours to keep, each month

You keep 2p of every pound of rent. The mortgage takes 63p.

£1,523 mortgage

£2,431 rent in£55 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

£143,750 + refurb costs

£50,000 of that never comes back — LBTT, solicitor and lender fees.

£143,750 to buy it

deposit · stamp duty · solicitor · fees~£18,469, unseen

□ 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 £375,000 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?Comparables

We can't tell — nothing nearby is alike enough

The dearest sold for 1.5× the cheapest, so the rent has to justify this price on its own.

you'd pay £375,000

£265,000

£348,110

£390,000

£265k£327.5k£390k

£265,000 cheapest£390,000 dearest

3 completed sales, same property type, last 3 years

□ 3 sold nearby, not matched on sizeHM Land Registry Price Paid Data

What will the rent borrow?Lender test

The rent carries £257,931 of the £281,250 loan

That £23,319 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.

£2,549 needed

more than the £2,338 rent

stressed at 7.5%, 145% cover

◧ rent after empty weeks £2,338PRA-style test

Is it a good location?Open the map

Nearest stop up to 2 km away

Beyond a comfortable walk, and more than nine in ten listings we cover have one closer.

Article 4Not assessed for this address

■ postcode area, not this address■ nearest stop in our data□ kind of stop not recordedstraight-line distance, not the walk

What could kill thisThe checks

The property is being sold at auction, so the price shown is a guide, not what it will cost

Every figure on this page is worked from that price, so paying more than it cuts the return.

2 problems found · 5 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

Nothing here beats a plain let

Let it to the council: £7,800 a year less, but they keep paying when it is empty.

Standard rental+£55 · £162,219 in

Guaranteed council rent−£595 · £162,219 in

Housing-benefit rent−£880 · £162,219 in

Rent by the room−£905 · £162,219 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

−£23,289 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 £162,219 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