Rented normally, you'd make about £518 a month.

Will it pay?Calculator

£518 of every £1,572 is yours to keep, each month

You keep 33p of every pound of rent. The mortgage takes 17p.

+£1,572−£264−£668−£122£518

Rent inMortgageRunning costsTaxProfit

Rent £1,572, modelled from 6 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

Try your own numbersLive

You keep£518/mo

All-in cash£24,900

Payback4.0 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

£23,475 + refurb costs

£7,225 of that never comes back — stamp duty, solicitor and lender fees.

£23,475 to buy it

deposit · stamp duty · solicitor · fees~£1,425, 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 £65,000 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 71% 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.

£442 neededof £1,512 rent

stressed at 7.5%, 145% cover

◧ rent after empty weeks £1,512PRA-style test

Is it a good location?Open the map

Newcastle, NE33 4AQ

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 · 6 we could not check

■ from the Renters’ Rights Act 2025listing last seen 19 Sep 2026

Which strategy wins?The ways to run it

Rent by the room beats Standard rental by £493 a month

Let it to the council: £3,960 a year less, but they keep paying when it is empty.

Rent by the room+£1,011 · £66,900 in

Standard rental+£518 · £24,900 in

Guaranteed council rent+£188 · £24,900 in

Housing-benefit rent+£43 · £24,900 in

Short-stay let−£26 · £24,900 in

24 nearby short-lets within 20 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

+£31,006 after five years on the cash you put in, before tax on the sale

More 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 £24,900 you put in. The 5-year fix runs past this 5-year hold, so the rate reset comes after it.

−£24,900+£72,788−£1,820−£48,750+£33,687+£31,006

Cash you put inSale valueSelling costsMortgageRent keptYou walk with

◧ 2.0%/yr growth assumed