Rented normally, it costs you £32 a month. That is £387 a year, every year you hold it.

Will it pay?Calculator

You top up £32 a month — the mortgage takes 42p of every pound of rent

Borrowing £5,954 less would close that shortfall — which is £5,954 more cash at the start, on top of the deposit.

+£868−£366−£535−£32

Rent inMortgageRunning costsShort by

The rent covers £868 of that — you cover £32

□ 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

Try your own numbersLive

You keep-£32/mo

All-in cash£33,765

PaybackNever

Offer−+

Deposit−+

Mortgage rate−+

Rent−+

Worked at 6.50% — 5.75% quoted plus a company premium.

◧ worked out from local rents

What will it cost me to buy?Breakdown

£31,350 + refurb costs

And about £1,935 more over five years, because it loses £32 every month you hold it — before any repair. That already assumes the rent never falls.

£31,350 to buy it

deposit · stamp duty · solicitor · fees~£2,415, unseen

□ works not inspected

What would have to be true?The working

£5,000 off and it stops losing money

At the asking price you feed it £32 a month. At £82,055 the rent covers everything — leaving stamp duty of £4,103 at that price.

offer £82,055

asked £90,000

◧ 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 £117,000 in 2019

Nothing nearby is comparable, but asking is 23% less than the £117,000 paid for it in 2019.

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

Can we trust the rent?Rent evidence

Nearby lettings back this rent

We hold too few nearby asking rents to cross-check this figure, so nothing here confirms it a second way.

+28 more

our bar: 10 within 500 m

our own middle half£840–£897/mo

■ 38 lettings within 500 m□ no nearby asks to cross-checkAdvertised rents, not signed tenancies

What will the rent borrow?Lender test

The rent carries the whole loan — it could fall 27% 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.

£612 needed

of £835 rent

stressed at 7.5%, 145% cover

◧ rent after empty weeks £835PRA-style test

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

Old Trafford, M16 9HU

1 of 2 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 to know before you offerThe checks

Every tenancy here is periodic, with no Section 21 to end it

Tenancies are now periodic, with no Section 21 — budget a longer void.

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

■ from the Renters’ Rights Act 2025listing last seen 13 Sep 2026

Which strategy wins?The ways to run it

Guaranteed council rent beats Standard rental by £82 a month

Let it to the council and you keep £82 a month more, and they keep paying when it is empty.

Guaranteed council rent+£50 · £33,765 in

Standard rental−£32 · £33,765 in

Housing-benefit rent−£159 · £33,765 in

Each row: money kept a month, then the cash it ties up. Not compared: Rent by the room (only 0 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, after 5 years?The five-year sums

−£4,788 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 24% in the price would leave nothing from a sale after selling costs, and you would still owe the lender any shortfall. That is the £33,765 you put in. The 5-year fix runs past this 5-year hold, so the rate reset comes after it.

−£33,765+£101,100−£2,528−£67,500−£2,096−£4,788

Cash you put inSale valueSelling costsMortgageRent lossesYou are down

◧ 2.0%/yr growth assumed