Rented normally, you'd make about £35 a month.

Will it pay?Calculator

£35 of every £667 is yours to keep, each month

You keep 5p of every pound of rent. The mortgage takes 43p.

+£667−£284−£340−£8£35

Rent inMortgageRunning costsTaxProfit

Rent £667, modelled from 17 nearby lettings within 500 m

◧ market rent £667 · 17 comps2 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£35/mo

All-in cash£34,623

Payback83.2 yrs

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

£25,050 + refurb costs

£7,550 of that never comes back — land transaction tax, solicitor and lender fees.

£25,050 to buy it

~£9,573

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 £70,000 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

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.

+7 more

our bar: 10 within 500 m

our own middle half£614–£725/mo

■ 17 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 26% 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.

£476 needed

of £641 rent

stressed at 7.5%, 145% cover

◧ rent after empty weeks £641PRA-style test

How big is it, really?The plan

One figure, and nothing checking it 527 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

Swansea, SA1 1JG

No schools in this postcode area 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

You would not own it outright — 80 years left, and buying more years has already got dearer

Nobody has priced those extra years here — you buy them from whoever owns the building.

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

■ from the listinglisting last seen 18 Sep 2026

Which strategy wins?The ways to run it

Short-stay let beats Guaranteed council rent by £232 a month

Your controls are set to Standard rental — £234 a month behind Short-stay let.

Short-stay let+£269 · £34,623 in

13 nearby short-lets within 5.5 km · low confidence

Guaranteed council rent+£37 · £34,623 in

Standard rental+£35 · £34,623 in

Housing-benefit rent−£111 · £34,623 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) · Buy, improve & sell (pays out on sale)

◧ 4 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

−£2,818 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 29% in the price would leave nothing from a sale after selling costs, and you would still owe the lender any shortfall. That is the £34,623 you put in. The 5-year fix runs past this 5-year hold, so the rate reset comes after it.

−£34,623+£84,156−£2,104−£52,500+£2,253−£2,818

Cash you put inSale valueSelling costsMortgageRent keptYou are down

◧ 2.0%/yr growth assumed