Rented normally, you'd make about £310 a month.

Will it pay?Calculator

£310 of every £2,740 is yours to keep, each month

You keep 11p of every pound of rent. The mortgage takes 52p.

+£2,740−£1,422−£935−£73£310

Rent inMortgageRunning costsTaxProfit

Rent £2,740, modelled from 13 nearby lettings

□ 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

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

£121,275 + refurb costs

£33,775 of that never comes back — stamp duty, solicitor and lender fees.

£121,275 to buy it

deposit · stamp duty · solicitor · fees~£16,106, 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 £350,000 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 £249,950 in 2009

Nothing nearby is comparable, but asking is 40% more than the £249,950 paid for it in 2009.

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

What will the rent borrow?Lender test

The rent carries the whole loan — it could fall 10% 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.

£2,379 needed

of £2,635 rent

stressed at 7.5%, 145% cover

◧ rent after empty weeks £2,635PRA-style test

How big is it, really?The plan

Smaller than the advert claims 560 sq ft

The advert and the survey disagree — open for both figures and the gap.

AdvertFloorplanMeasured

453 sq ft582 sq ft710 sq ft

453 sq ft710 sq ft

the survey is what every price-per-foot figure on this page uses

■ area measured on site

Is it a good location?Open the map

London, SW2 3JZ

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 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.

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

■ from council licensing registerlisting last seen 13 Sep 2026

Which strategy wins?The ways to run it

Nothing here beats a plain let

Let it to the council: £5,760 a year less, but they keep paying when it is empty.

Standard rental+£310 · £137,381 in

Rent by the room+£46 · £163,381 in

Guaranteed council rent−£170 · £137,381 in

Housing-benefit rent−£371 · £137,381 in

Short-stay let−£1,140 · £137,381 in

30 nearby short-lets within 5.5 km · medium confidence

Each row: money kept a month, then the cash it ties up. Not compared: Do it up, then remortgage (pays back at the remortgage) · Buy, improve & sell (pays out on sale)

◧ 5 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

+£8,331 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 £137,381 you put in. The 5-year fix runs past this 5-year hold, so the rate reset comes after it.

−£137,381+£397,987−£9,950−£262,500+£20,175+£8,331

Cash you put inSale valueSelling costsMortgageRent keptYou walk with

◧ 2.0%/yr growth assumed