Rented normally, you'd make about £148 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.

2 problems found · 1 came back clear · 4 we could not check · 2 do not apply to this property

■ from the listinglisting last seen 15 Sep 2026

Will it pay?Calculator

£148 of every £957 is yours to keep, each month

You keep 15p of every pound of rent. The mortgage takes 39p.

£378 mortgage

£359 running

£957 rent in£148 yours

◧ market rent £957 · 17 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

£32,295 + refurb costs

£9,045 of that never comes back — stamp duty, solicitor and lender fees.

~£53,717

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

£32,295 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 £93,000 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 £80,000 in 2021

Nothing nearby is comparable, but asking is 16% more than the £80,000 paid for it in 2021.

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

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

Plymouth, PL5 3EP

2 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

Which strategy wins?The ways to run it

Nothing here beats a plain let

Let it to the council: £1,272 a year less, but they keep paying when it is empty.

Standard rental+£148 · £86,012 in

Guaranteed council rent+£42 · £86,012 in

Housing-benefit rent−£92 · £86,012 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

−£8,428 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 44% in the price would leave nothing from a sale after selling costs, and you would still owe the lender any shortfall. That is the £86,012 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