Offer the asking price$252,250Asking 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$1,284/moEstimated rent from 4 comparables — verify. Range $1,091–$1,511/mo.
Empty weeks a year a typical assumption2 wksTypical voids for rental
Doing it up a general default, not this property$151,350Capped at 60% of $252,250 asking ($151,350). Raw model: $123,460–$230,110. Verify with a surveyor before offering.
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$4,7842% product fee on $189,187.5 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.