Rented normally, you'd make about £14 a month.

Will it pay?Calculator

£14 of every £1,123 is yours to keep, each month

You keep 1p of every pound of rent. The mortgage takes 46p.

£520 mortgage

£543 running

£1,123 rent in£14 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

£43,380 + refurb costs

£11,380 of that never comes back — stamp duty, solicitor and lender fees.

~£52,102

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

£43,380 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 £128,000 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 3.7× the cheapest, so the rent has to justify this price on its own.

you'd pay £128,000

£60,000

£90,000

£105,000

£145,000

£149,800

£154,000

£155,000

£165,000

£190,000

£190,000

£200,000

£220,000

£60k£140k£220k

£60,000 cheapest£220,000 dearest

12 completed sales, same property type, last 3 years

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

What will the rent borrow?Lender test

The rent carries the whole loan — it could fall 19% 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.

£870 needed

of £1,080 rent

stressed at 7.5%, 145% cover

◧ rent after empty weeks £1,080PRA-style test

How big is it, really?The working

One figure, and nothing checking it 570 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

Chatham, ME4 4ZH

1 of 1 school 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 could kill thisThe checks

The area is mapped as high flood risk

Flood maps cover areas, not buildings — treat it as a reason to search, not a verdict.

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

■ from the flood maplisting last seen 15 Sep 2026

Which strategy wins?The ways to run it

Nothing here beats a plain let

Let it to the council: £3,132 a year less, but they keep paying when it is empty.

Standard rental+£14 · £95,482 in

Guaranteed council rent−£247 · £95,482 in

Housing-benefit rent−£396 · £95,482 in

Each row: money kept a month, then the cash it ties up. Not compared: Rent by the room (only 1 bedroom) · 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

−£16,336 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 39% in the price would leave nothing from a sale after selling costs, and you would still owe the lender any shortfall. That is the £95,482 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