Rented normally, it costs you £107 a month. That is £1,288 a year, every year you hold it.

Will it pay?Calculator

You top up £107 a month — the mortgage takes 60p of every pound of rent

Borrowing £19,816 less would close that shortfall — which is £19,816 more cash at the start, on top of the deposit.

£853 mortgage

£631 running

£1,432 rent in£107 short

◧ market rent £1,432 · 74 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

£70,850 + refurb costs

And about £6,440 more over five years, because it loses £107 every month you hold it — before any repair. That already assumes the rent never falls.

£70,850 to buy it

~£53,033

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

□ works not inspected

What would have to be true?The working

£25,000 off and it stops losing money

At the asking price you feed it £107 a month. At £183,565 the rent covers everything — leaving stamp duty of £10,350 at that price.

offer £183,565

asked £210,000

◧ worked back from the rent■ stamp duty re-bandedrounded down to £5,000 — the rent it works back from is an estimate

Is the price right?The deeds

Last sold for £210,000 in 2026

Nothing nearby is comparable, and it is asking about what it fetched in 2026.

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

Can we trust the rent?Rent evidence

Nearby lettings, all asking more

Every one of the 3 nearby asking rents we hold is higher than the rent this page uses.

+64 more

our bar: 10 within 500 m

what 3 nearby lettings ask£1,450–£1,600/mo

our own middle half£1,378–£1,488/mo

■ 74 lettings within 500 m□ below every nearby askAdvertised rents, not signed tenancies

What will the rent borrow?Lender test

The rent carries £151,936 of the £157,500 loan

That £5,564 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.

£1,427 needed

more than the £1,377 rent

stressed at 7.5%, 145% cover

◧ rent after empty weeks £1,377PRA-style test

How big is it, really?The plan

One figure, and nothing checking it 645 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

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 4Not assessed for this address

■ postcode area, not this address

What could kill thisThe checks

£2,525 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 · 1 came back clear · 4 we could not check · 2 do not apply to this property

■ from the listinglisting last seen 13 Sep 2026

Which strategy wins?The ways to run it

Every way loses money — Standard rental loses least, at £107 a month

Let it to the council: £4,200 a year less, but they keep paying when it is empty.

Standard rental−£107 · £123,883 in

Guaranteed council rent−£457 · £123,883 in

Housing-benefit rent−£563 · £123,883 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) · Short-stay let (no local short-let data) · 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

−£25,191 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 34% in the price would leave nothing from a sale after selling costs, and you would still owe the lender any shortfall. That is the £123,883 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