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Year 5 disposal
BMV -17%
⊞ View all 18
14/ 100
Weak
6.82% Rent by the room return before costs — market rent unverified, verify rent + comps locally.
Why it works
- Priced below market -17% vs 12 nearby sold (last 12 mo) — instant equity
Why to be cautious
- Monthly profit −£476/mo — significantly negative — real recurring drain
- -2.9% 5y IRR — capital outlay disproportionate to returns
- No rent comparables — estimate is a rule-of-thumb fallback, not market data. Verify the rent locally before offering.
- EPC band not stated — verify the certificate before offering (2030 MEES minimum is band C).
Property research tool — not a regulated financial service. Numbers are point-in-time estimates; how we decide →
Monthly cashflow
−£476/mo
You top up £476/mo
Price vs market
Below market value
-17% vs 12 sold · interior unseen
Return · IRR
-2.9%/yr
Loses money over 5 years
Cash left in
£145K
Stays in after refinancing at value
Price £500KCash to buy £221KReturn before costs on price · Rent by the room 6.82%5-yr return on cash -8%Rent est. £2,350 (£2,230–£2,476)
How we define each return: On price — gross yield = annual rent ÷ purchase price. On cost — net yield ÷ total project cost (price + refurb + fees). On cash — cash-on-cash & ROI ÷ the actual cash you put in (deposit + costs).
What-if calculator
Rates as of 21 Sep 2026Buy-to-Let. Standard rental on an Assured Shorthold Tenancy. Single household, market rent, paid monthly direct to landlord (or via agent). (hover any strategy tab for pros + cons)
Offer (£)
Monthly rent (£)
Local comp range: £2,230–£2,476/mo · n=11
Financing
DepositYour cash in — the rest is the mortgage25% · £125,000
Standard 75% LTV for BTL
Mortgage rate5y fixed6.1%
5-year fixed at 75% LTV — 6.05% (as of 2026-09-21).
Mortgage term (years)
Stress rate6.5%
BoE base + 2pp stress (6.5%)
Acquisition costs
Refurb (£)
Per-property refurb estimate from the element rate-card model (£33,612–£62,742 range), VAT-inclusive
Legal + survey (£)
Standard house — £1,900 legal + £1,000 survey
Mortgage fees (£)
2% product fee on £375,000 loan + £1,000 booking fee
Running costs
Management10%
Typical BTL agency rate
Void weeks
Typical voids for BTL
Insurance (£/mo)
Typical BTL building+landlord cover for £400K+
Maintenance (£/mo)
Detached: £100/mo proxy (more roof + grounds)
Leasehold costs
Result · Rent it out
Monthly profit
-£476
after mortgage, operating costs & tax
Rent in£2,350/mo gross
£2,260/mo collected · £90/mo lost to voids
Where it goes
£2,127Mortgage£609Costs
Outgoings exceed rent — you top up £476/mo
Mortgage£2,127
Costs£609
Management£235
Maintenance£100
Insurance£40
CapEx reserve£118
Voids + council tax£12
Ltd co. accounts£104
Tax—
Shortfall−£476
Returns
Return before costs on price5.64%
Cash return on cash-2.58%
Gross margin£1,651
Cash needed£221,216
Monthly profit paybackn/a (monthly loss)
Data confidence
Lender stress test
Rent-covers-mortgage check @ stress1.11
Rent-covers-mortgage check FAIL · stress 6.5% (need ≥ 1.45)
Year-by-year Monthly profit (5-yr horizon)
Net Monthly profit after tax. Rent + costs compound at their growth rates; mortgage principal amortises year-by-year for repayment loans.
Mortgage paydownRent profitbefore price growth
Full year-by-year breakdown
| Year | Gross Rent | Op Costs | Mortgage | Equity Built | Tax | Net | Cumulative |
|---|---|---|---|---|---|---|---|
| Year 1 | £28,200 | £7,306 | £25,519 | £0 | £0 | -£4,624 | -£4,624 |
| Year 2 | £29,046 | £7,525 | £25,519 | £0 | £0 | -£3,997 | -£8,622 |
| Year 3 | £29,917 | £7,750 | £25,519 | £0 | £0 | -£3,352 | -£11,973 |
| Year 4 | £30,815 | £7,983 | £25,519 | £0 | £0 | -£2,687 | -£14,660 |
| Year 5 | £31,739 | £8,222 | £25,519 | £0 | £0 | -£2,002 | -£16,662 |
Disposal gain (gross)-£49,477
CGT£0
Net Disposal proceeds£538,239
What we verified
What we verified
50075 ok · 0 caution · 0 fail · 7 unknown
Legal & planning
LeaseholdFreehold
Tenure & planningFreehold
Legal & planning
2 checks- TenureUnknown
- Lease lengthUnknown
Council planning restrictionUnknown
Council planning restrictionRent by the room conversion gatePlanning data
Rent by the room restriction
C3 to C4 conversion
Unknown
Confidence
low
Source
No LPA data for this prefix
Rates as of May 2026
Building condition
Energy ratingUnknown
EPC& 2030 deadlineEPC register
EPC band not available in the listing. The 2030 MEES minimum is band C — verify the certificate before offering.
EPC band from listing · verify certificate before exchanging
Find EPC certificate →Cladding safety certificateNot stated on the listing
HeritageNot stated on the listing
Heritage& planning constraintsNHLE register
We don't ingest the NHLE bulk register, so we can't flag listed-building or conservation-area status for this address from our data alone. Use the official registry to verify before exchanging.
Area
Flood riskChecking…
FloodriskEA
Crime riskChecking…
Crimeriskpolice.uk
SchoolsChecking…
Schools& Ofsted catchmentGIAS register
No schools indexed for this postcode sector.
Investor
Tenant profileFamily let
Tenant profilelikely cohortRH10 3SF · 4 bed
Primary profile
Family let
Secondary profile
HMO / sharers
Nearest university
for student-let assessment
University of Sussex · 29.8 km
Reason
4-bed house in a suburban area — family-let demand dominates; larger property may also work as a sharer HMO.
Heuristic from postcode + bedrooms + nearest-university distance · verify locally
Refurb costEstimate ready
Refurb cost& works budgetQ1 2026 rates
New kitchen + bathroom + light replumb + decor.
Total estimate
4-bed · 3-bath · 1170 sqft
£35k–£68k
£ per sqft
building cost only
£30–£58
Per-item breakdown (4 lines)
- Kitchen · Full unit replacement£3,840–£8,640
- 3 × bathroom · Full strip + retile£9,975–£19,950
- Paint + decor£8,190–£15,210
- Flooring · Carpet on bedrooms + LVT/laminate downstairs£12,870–£24,570
Guide rates · UK May 2026 · sqft auto-estimated from beds
Tier-based bands — get a builder quote before exchanging.
Rent by the room licensingStandard rules
HMO licensing5-year licenceCouncil
Licence fee
5-year mandatory
£825–£1,500
Scheme type
Check council
The council's HMO page lists the current mandatory fee plus any additional / selective scheme that catches smaller HMOs.
Mandatory licensing applies to 5+ sharer HMOs (Housing Act 2004)
Find council HMO page →Price & sale history341d on marketno cuts yet
Strategy matrix
Rent it out wins — -£476/mo · level with Refurb & refinance
| Strategy | Return before costs on price | Monthly profit | Cash needed | 5y Return on your cash on cash | Risk | Feasibility |
|---|---|---|---|---|---|---|
| ⭐ Rent it out | 5.64% | -£476 | £221,216 | -7.5% | Low | Feasible |
| Housing-benefit rent | 4.19% | -£1,081 | £221,216 | -23.7% | Med | Feasible |
| Council lease | 4.19% | -£887 | £221,216 | -22.0% | Low | Feasible |
| Refurb & refinance | 5.64% | -£476 | £264,142 | -6.3% | Med | Feasible |
| Short-stay let / Airbnb | — | — | — | — | — | Disabledno local short-let data |
| Buy, improve & sell | 0.00% | -£244 | £605,642 | 0% | Med | Feasible |
| Rent by the room | 6.82% | -£2,140 | £244,131 | -46.8% | — | Feasible |
Housing-benefit (LHA) scheme detailBRMA Crawley & Reigate · cap £1,745/mo
Housing-benefit rent scheme detail
- Rental Market Area (BRMA):
- Crawley & Reigate
- LHA monthly cap:
- £1,745
- Scheme type:
- other
- Premium:
- +0% premium over LHA cap
- Management:
- landlord pays agent (typical 10%)
Ready to move on this deal?
Generates an offer pack with your numbers & sources — take it to the agent.
Pro analysis — outcome range, stress tests & portfolio impact
Local lettings demanddays-to-let · supply now · trend
Rent by the room conversion upside
-£691/mo cash flow vs Rent it out if converted to Rent by the room
5.76% Return before costs on price converted vs 5.64% as-is
£500k → 7-bed HMO @ ~£660/room: £4,223 pcm gross, ~£2,429 pcm net (5.1% net on £576k all-in incl. ~£34k works); GDV ~£416k → refinance releases ~£-63k (~£264k left in)
medium confidence
Unlocks ~£25,569/yr extra rent
4 → 7 lettable rooms
Potential, not guaranteed (subject to planning + regs). Estimate from the floorplan (kitchen size assumed) — verify room sizes against the floorplan before offering.
How we calculated this
floorplan shows 8 habitable rooms (4 beds + 4 reception(s)); convert 3 spare room(s) to bedrooms, keeping one reception as the lounge → up to 7 lettable rooms (incl. the garage — convertible to a bedroom or the communal area); sized to Crawley adopted standard (6.51/10.22 m²; Standards for Houses in Multiple Occupation, Crawley Borough Council (effective June 2019)); adds ~£2,131/mo; loft conversion may add 1-2 further rooms (subject to head height/planning — not counted); large HMO (7+ residents) is sui generis — planning permission required; mandatory HMO licence (5+ persons, England)
🔒 Room-add markup · Pro
Pro members see the floorplan with every convertible room outlined in green. Verify room sizes before offering.
4 → 7 bed HMO+3 singles
HMO licence7+ = planning required
Sized to Crawley's adopted HMO standards
Projections use documented assumptions (local room rates, typical conversion costs, 75% LTV at 5.5%, indicative regional valuation yields) and each council’s published HMO standards. Not financial advice. Verify room sizes, licensing and planning with the council and a surveyor before purchase.
Room mix (4 lettable rooms)
2× Double @ £745/mo1× Single @ £558/mo1× En-suite @ £793/mo
≈ £2,841/mo gross room income
As-is Rent it out
Monthly profit-£249
Return before costs on price5.64%
Cash needed£136,898
If converted to Rent by the room
Monthly profit-£940
Return before costs on price5.76%
Cash needed£152,898
Δ vs Rent it out Monthly profit-£691
+3 rooms (7 total)
Monthly profit+£744
Return before costs on price11.93%
Cash needed£182,898
Extra rent+£2,131/mo
Show conversion detail
Conversion cost estimate
£22,000
Range: £16,000 – £30,000
Fire safety, plumbing, partitioning, licensing.
Rates as of Apr 2026
£66,690–£124,680full refurb + room split
What's in this cost
- Kitchen£8,640–£17,280
- 3 × bathroom£17,100–£31,350
- Rewire£4,680–£8,190
- Replumb£3,510–£7,020
- Windows£11,700–£21,060
- Paint + decor£8,190–£15,210
- Flooring£12,870–£24,570
Based on 345 HMO comps within 800 m
Comparables
sold within 0.5 miWide · CV 20.4%Med confidence
Loading nearby sold…
Location & area intelligence
Transport score100 / 100
On the map
- Registered HMOs
- Approved HMO conversions
- Pending HMO applications
Schools & catchment5 schools nearby
Nearby schoolsOfsted-rated, nearest first5 of 5
- GoodCopthorne CofE Junior SchoolPrimary · Voluntary controlled school · RH10 3RD
- Not ratedCopthorne Preparatory SchoolNot applicable · Other independent school · RH10 3HR
- Not ratedFairway Infant School, CopthornePrimary · Community school · RH10 3QD
- Not ratedForge Wood Primary SchoolPrimary · Academy sponsor led · RH10 3SW
- Not ratedMilton Mount Primary SchoolPrimary · Academy converter · RH10 3AG
Ofsted · postcode-area match. Catchment areas vary year to year — verify with the local council before relying for school admissions.
Tax treatment
Annual gross rent£28,200
Section 24 credit£0
Annual tax due£0
Post-tax Monthly profit annual-£5,709
Exit costs
Projected sale price (5y · 2%/yr growth)£552,040
Capital gain (pre-CGT)£52,040
Sale costs (~2.5%)£13,801
CGT due (Ltd Co 25%)£0
No personal CGT — the gain is taxed at the company level (corporation tax) when the SPV disposes of the property.
Net 5y Monthly profit after CGT-£16,662
Rates as of Oct 2024
Acquisition costs
£221,216cash neededPurchase price£500,000
Deposit (25%)£125,000
Stamp duty+5% additional-property surcharge£40,000
Refurb£44,816
Legal + survey£2,900
Mortgage fees£8,500
Total cash neededdeposit + costs (loan covers the rest)£221,216
Green = verified data. Amber = market typical. Red = our estimate — verify before offering.
About this propertydescription · rightmove
Description& agent copyRightmove
SUMMARY A spacious four-bedroom detached home on Horndean Close, Crawley, with versatile living spaces, an en suite, and a double garage, offering great potential for modernisation. Perfect for buyers seeking a family home with ample parking and a desirable location.
DESCRIPTION Situated on the desirable Horndean Close in Crawley, this spacious four-bedroom detached family home offers a fantastic opportunity for buyers seeking a property with potential. The property features…
Floor plans
Listing metarightmove · Connells
About this listing
341 days · RightmovePrice history
5-year price trend
Monthly profit
−£476
Cash needed
£221K
Return after costs
-2.58%
IRR
-2.91%
Listed 341d ago
Horndean Close, Crawley
detached · 4 bed · 3 bath
£500,000
est £2,350 · 5.64% gross
Priced below market
1 / 18
14/100
Marginal
6.82% Rent by the room strategy — market rent unverified, verify locally.
Priced below market -17% vs 12 nearby sold (last 12 mo)
Price
£500K
17% below sold comps
Return before costs (best)
6.82%
Rent by the room
Bedrooms
4
3 bath
Energy rating
—
Energy rating
Run the numbers
What-if calculator
Rates as of 21 Sep 2026Buy-to-Let. Standard rental on an Assured Shorthold Tenancy. Single household, market rent, paid monthly direct to landlord (or via agent). (hover any strategy tab for pros + cons)
Offer (£)
Monthly rent (£)
Local comp range: £2,230–£2,476/mo · n=11
Financing
DepositYour cash in — the rest is the mortgage25% · £125,000
Standard 75% LTV for BTL
Mortgage rate5y fixed6.1%
5-year fixed at 75% LTV — 6.05% (as of 2026-09-21).
Mortgage term (years)
Stress rate6.5%
BoE base + 2pp stress (6.5%)
Acquisition costs
Refurb (£)
Per-property refurb estimate from the element rate-card model (£33,612–£62,742 range), VAT-inclusive
Legal + survey (£)
Standard house — £1,900 legal + £1,000 survey
Mortgage fees (£)
2% product fee on £375,000 loan + £1,000 booking fee
Running costs
Management10%
Typical BTL agency rate
Void weeks
Typical voids for BTL
Insurance (£/mo)
Typical BTL building+landlord cover for £400K+
Maintenance (£/mo)
Detached: £100/mo proxy (more roof + grounds)
Leasehold costs
Result · Rent it out
Monthly profit
-£476
after mortgage, operating costs & tax
Rent in£2,350/mo gross
£2,260/mo collected · £90/mo lost to voids
Where it goes
£2,127Mortgage£609Costs
Outgoings exceed rent — you top up £476/mo
Mortgage£2,127
Costs£609
Management£235
Maintenance£100
Insurance£40
CapEx reserve£118
Voids + council tax£12
Ltd co. accounts£104
Tax—
Shortfall−£476
Returns
Return before costs on price5.64%
Cash return on cash-2.58%
Gross margin£1,651
Cash needed£221,216
Monthly profit paybackn/a (monthly loss)
Data confidence
Lender stress test
Rent-covers-mortgage check @ stress1.11
Rent-covers-mortgage check FAIL · stress 6.5% (need ≥ 1.45)
Housing-benefit (LHA) scheme detailBRMA Crawley & Reigate · cap £1,745/mo
Housing-benefit rent scheme detail
- Rental Market Area (BRMA):
- Crawley & Reigate
- LHA monthly cap:
- £1,745
- Scheme type:
- other
- Premium:
- +0% premium over LHA cap
- Management:
- landlord pays agent (typical 10%)
Year-by-year Monthly profit (5-yr horizon)
Net Monthly profit after tax. Rent + costs compound at their growth rates; mortgage principal amortises year-by-year for repayment loans.
Mortgage paydownRent profitbefore price growth
Full year-by-year breakdown
| Year | Gross Rent | Op Costs | Mortgage | Equity Built | Tax | Net | Cumulative |
|---|---|---|---|---|---|---|---|
| Year 1 | £28,200 | £7,306 | £25,519 | £0 | £0 | -£4,624 | -£4,624 |
| Year 2 | £29,046 | £7,525 | £25,519 | £0 | £0 | -£3,997 | -£8,622 |
| Year 3 | £29,917 | £7,750 | £25,519 | £0 | £0 | -£3,352 | -£11,973 |
| Year 4 | £30,815 | £7,983 | £25,519 | £0 | £0 | -£2,687 | -£14,660 |
| Year 5 | £31,739 | £8,222 | £25,519 | £0 | £0 | -£2,002 | -£16,662 |
Rent by the room upside
What we verified
5007
Legal & planning▾
Article 4HMO restriction lookupUnknown
Rent by the room licensingMandatory if 5+ unrelatedCheck LPA
TenureTenure typeFreehold
HeritageListed building / conservation areaNot stated on the listing
Building condition▾
EPCPostcode estimate — check the registerNot stated on the listing
EWS1External wall safety (cladding)Not stated on the listing
Refurb costBased on beds + baths + sqftEstimate available
Area▾
Crimepolice.uk · monthlyChecking…
SchoolsGIAS · OfstedChecking…
FloodEA Flood Map · England onlyChecking…
Investor profile▾
Tenant profileBeds + postcode heuristicFamily / Rent by the room
Rent by the room feasibilityMin 3 beds for C4 routeFeasible
Comparables
sold within 0.5 miWide · CV 20.4%Med confidence
Loading nearby sold…
Location & transport
Tax & exit
Tax bandLtd Co 25%
Mortgage-interest tax rule credit£5,104
Annual rental tax£0
CGT yr 5£0 · company level
5y net total-£16,662
Acquisition costs
25% deposit£125,000
Stamp duty£40,000
Refurb£44,816
Legal + survey£2,900
Mortgage + broker£8,500
Cash needed£221,216
Green = verified data. Amber = market typical. Red = our estimate — verify before offering.
Make an offer
Pro analysis — outcome range, stress tests & portfolio impact
Your notes
Description& agent copyRightmove
SUMMARY A spacious four-bedroom detached home on Horndean Close, Crawley, with versatile living spaces, an en suite, and a double garage, offering great potential for modernisation. Perfect for buyers seeking a family home with ample parking and a desirable location.
DESCRIPTION Situated on the desirable Horndean Close in Crawley, this spacious four-bedroom detached family home offers a fantastic opportunity for buyers seeking a property with potential. The property features…
Floor plans
Listing
Sources: Rightmove · HM Land Registry · Ofsted · EA Flood Zones
Estimates not financial advice
Estimates not financial advice