Rented normally, you'd make about £166 a month.

What could kill thisThe checks

Cash buyers only — there is no mortgage on this one

The listing says no mortgage, and every figure on this page is worked with one.

3 problems found · 5 we could not check · 1 does not apply to this property

■ from the listinglisting last seen 15 Sep 2026

Will it pay?Calculator

£166 of every £1,378 is yours to keep, each month

You keep 12p of every pound of rent. The mortgage takes 53p.

£731 mortgage

£1,378 rent in£166 yours

◧ market rent £1,378 · 33 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

£60,500 + refurb costs

£15,500 of that never comes back — stamp duty, solicitor and lender fees.

£60,500 to buy it

~£58,064

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

□ 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 £180,000 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 £155,000 in 2018

Nothing nearby is comparable, but asking is 16% more than the £155,000 paid for it in 2018.

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

Who has to say yes?Council record

Canterbury council approves 87% — 62% on a cautious reading

A council-wide rate across 15 HMO decisions, not a forecast for this address.

87%

0%50%100%

never approvesalways approves

the band is the cautious reading of the same 15 decisions — as low as 62%

■ Article 4 — planning permission requireddecision record held for this authority

How big is it, really?The plan

The rooms are on the plan; the total is not

The plan is on file; the floor area is not.

□ no floor area published

Is it a good location?Open the map

Canterbury, CT2 0AW

1 of 3 schools in this postcode area rated Good or Outstanding and flood risk checking… — open for the map, the schools and the rest.

Article 4Planning permission required to let by the room

■ postcode area, not this address

Which strategy wins?The ways to run it

Nothing here beats a plain let

Standard rental also ties up the least cash, £118,564.

Standard rental+£166 · £118,564 in

Housing-benefit rent−£94 · £118,564 in

Rent by the room−£184 · £118,564 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) · Guaranteed council rent (no scheme in this borough) · 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

−£8,353 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 36% in the price would leave nothing from a sale after selling costs, and you would still owe the lender any shortfall. That is the £118,564 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