Rented normally, you'd make about £128 a month.

Will it pay?Calculator

£128 of every £1,809 is yours to keep, each month

You keep 7p of every pound of rent. The mortgage takes 62p.

+£1,809−£1,117−£534−£30£128

Rent inMortgageRunning costsTaxProfit

Rent £1,809, modelled from 5 nearby lettings

◧ market rent £1,809 · 5 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

£93,525 + refurb costs

£24,775 of that never comes back — stamp duty, solicitor and lender fees.

£93,525 to buy it

deposit · stamp duty · solicitor · fees~£12,627, unseen

□ 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 £275,000 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 £191,936 of the £206,250 loan

That £14,314 is yours to find on top of the deposit. Tested at 125% instead of 145% — a company or a basic-rate taxpayer usually is — the rent carries the whole loan. Lenders test the rent at 7.5% and need it to cover 145% of the payment.

£1,869 needed

more than the £1,739 rent

stressed at 7.5%, 145% cover

◧ rent after empty weeks £1,739PRA-style test

How big is it, really?The plan

The plan and the advert, side by side 997 sq ft

Two figures for this house, and neither is a survey. Open for both.

AdvertFloorplan

813 sq ft924 sq ft1k sq ft

813 sq ft1,034 sq ft

neither is a survey — a tape measure settles it

□ area off the floorplan — not a survey

Is it a good location?Open the map

Harrogate, HG3 1BS

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

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

■ from the Renters’ Rights Act 2025listing last seen 23 Sep 2026

Which strategy wins?The ways to run it

Nothing here beats a plain let

Standard rental also ties up the least cash, £106,152.

Standard rental+£128 · £106,152 in

Rent by the room−£70 · £150,505 in

Short-stay let−£338 · £106,152 in

56 nearby short-lets within 20 km · low confidence

Housing-benefit rent−£664 · £106,152 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) · Guaranteed council rent (no scheme in this borough) · 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

+£780 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 25% in the price would leave nothing from a sale after selling costs, and you would still owe the lender any shortfall. That is the £106,152 you put in. The 5-year fix runs past this 5-year hold, so the rate reset comes after it.

−£106,152+£312,684−£7,817−£206,250+£8,315+£780

Cash you put inSale valueSelling costsMortgageRent keptYou walk with

◧ 2.0%/yr growth assumed

Could you let it by the room?Room by room

−£70 to +£408 a month at 4 rooms two models disagree, before tax, once converted

The floorplan supports 4 lettable rooms and £30,980 of work gets you there — but the two ways this page prices them do not agree on whether they pay.

Room-add modelSite's engine

-£261£169£599

-£261£599

the £478 gap between them is tax

◧ room-add model · medium confidence■ 11 room adverts in HG3Dwelfy’s room-add model, before tax