Offer the asking price$370,000Asking price from listing
Deposit a typical assumption25%Standard 75% LTV for rental
Mortgage rate a typical assumption7.00%5-year fixed (market average) — 7.00% (as of 2026-05).
Rent worked out from local rents$2,086/moEstimated rent from 13 comparables. Range $2,035–$2,138/mo.
Empty weeks a year a typical assumption2 wksTypical voids for rental
Doing it up a typical figure, not a quote$140,485Tiered estimate (full refurb): $98,050–$182,920 range from $/sqft + per-room model
Mortgage term a general default, not this property30 yrs
Stress rate a typical assumption8.00%Fed base + 2pp stress (8.0%)
Solicitor + survey a typical figure, not a quote$2,150Standard house — $1,400 legal + $750 survey
Lender fees a typical figure, not a quote$6,5502% product fee on $277,500 loan + $1,000 booking fee
Letting agent a typical assumption10%Typical rental agency rate
Insurance a typical figure, not a quote$28/moTypical building+landlord cover for $200K–$400K
Maintenance a general default, not this property$67/moDefault $67/mo — type unknown
Service charge a typical figure, not a quote$0/moFreehold — no service charge
Ground rent a typical figure, not a quote$0/moFreehold — no ground rent
These are this page's own derivation notes, unedited. A figure marked a typical figure, not a quote is our model of a cost for a property of this kind in this area — not a price anybody has given you, and the first thing worth replacing with a real one.