Rented normally, you'd make about £181 a month, if it can be let.

Will it pay?Calculator

£181 of every £782 is yours to keep, each month

You keep 23p of every pound of rent. The mortgage takes 29p.

£305 running

£782 rent in£181 yours

◧ market rent £782 · 30 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

£20,025 + refurb costs

£6,275 of that never comes back — stamp duty, solicitor and lender fees.

£20,025 to buy it

~£15,111

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 £55,000 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

What will the rent borrow?Lender test

The rent carries the whole loan — it could fall 50% 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.

£374 needed

of £752 rent

stressed at 7.5%, 145% cover

◧ rent after empty weeks £752PRA-style test

Who has to say yes?Council record

Burnley council approves 74% — 58% on a cautious reading

A council-wide rate across 35 HMO decisions, not a forecast for this address.

74%

0%50%100%

never approvesalways approves

the band is the cautious reading of the same 35 decisions — as low as 58%

■ 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

Burnley, BB10 4QH

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

What could kill thisThe checks

You would need a licence from the council first

Letting without the council’s licence is an offence, and the fee is in no figure here.

4 problems found · 4 we could not check · 1 does not apply to this property

■ from council licensing registerlisting last seen 15 Sep 2026

Which strategy wins?The ways to run it

Nothing here beats a plain let

Standard rental also ties up the least cash, £35,136.

Standard rental+£181 · £35,136 in

Rent by the room+£109 · £35,136 in

Housing-benefit rent−£35 · £35,136 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

+£5,137 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 35% in the price would leave nothing from a sale after selling costs, and you would still owe the lender any shortfall. That is the £35,136 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