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Year 5 disposal
BMV -14%
⊞ View all 10
85/ 100
Strong
Strong investment fundamentals.
Why it works
- Monthly profit +£268/mo from completion — the no.1 reason to invest
- 10.30% return before costs — above-market
- Priced below market -14% vs 12 nearby sold (last 12 mo) — instant equity
- Stress Rent-covers-mortgage check PASS at 6.5% rate stress — lender-friendly
Why to be cautious
- 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
+£268/mo
Pays you every month, net of costs
Price vs market
Below market value
-14% vs 12 sold · interior unseen
Return · IRR
3.9%/yr
Modest annualised return
Cash left in
£64K
Stays in after refinancing at value
Price £240KCash to buy £94KReturn before costs on price 10.30%5-yr return on cash 26%Rent est. £2,060 (£1,968–£2,156)
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 20 May 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: £1,968–£2,156/mo · n=172
Financing
DepositYour cash in — the rest is the mortgage25% · £60,000
Standard 75% LTV for BTL
Mortgage rate5y fixed5.8%
5-year fixed at 75% LTV — 5.75% (as of 2026-05-20).
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 (£9,518–£17,766 range), VAT-inclusive
Legal + survey (£)
Leasehold flat — £1,500 legal + £500 survey
Mortgage fees (£)
2% product fee on £180,000 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 £200K–£400K
Maintenance (£/mo)
Semi/flat: £67/mo proxy
Leasehold costs
Result · Rent it out
Monthly profit
+£268
after mortgage, operating costs & tax
Rent in£2,060/mo gross
£1,981/mo collected · £79/mo lost to voids
Where it goes
£975Mortgage£675Costs
£268/mo left as profit · 14% of rent kept
Mortgage£975
Costs£675
Management£206
Maintenance£67
Insurance£28
CapEx reserve£103
Voids + council tax£6
Service charge + ground rent£142
Ltd co. accounts£104
Selective licensing£19
Tax£63
Profit+£268
Returns
Return before costs on price10.30%
Cash return on cash3.44%
Gross margin£1,306
Cash needed£93,590
Monthly profit payback29y 2m
Data confidence
Lender stress test
Rent-covers-mortgage check @ stress2.03
Rent-covers-mortgage check PASS · stress 6.5% (target 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 | £24,720 | £8,098 | £11,700 | £0 | £935 | £3,987 | £3,987 |
| Year 2 | £25,462 | £8,341 | £11,700 | £0 | £1,030 | £4,391 | £8,378 |
| Year 3 | £26,225 | £8,591 | £11,700 | £0 | £1,128 | £4,806 | £13,184 |
| Year 4 | £27,012 | £8,849 | £11,700 | £0 | £1,228 | £5,235 | £18,419 |
| Year 5 | £27,823 | £9,114 | £11,700 | £0 | £1,332 | £5,676 | £24,095 |
Disposal gain (gross)-£10,635
CGT£0
Net Disposal proceeds£258,355
What we verified
What we verified
23062 ok · 3 caution · 0 fail · 6 unknown
Legal & planning
LeaseholdLeasehold
Tenure & planningLeasehold
Legal & planning
2 checks- TenureUnknown
- Lease lengthUnknown
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
EWS1& cladding statusListing signal
OKInfoVerifyCritical
Severity
Inferred from listing text
OK
Floor
EWS1 typically required above 18m
Floor 0
Lender impact
Ground floor — building almost certainly ≤ 11 m, EWS1 likely not required (RICS Mar 2021 guidance).
Mortgageable
A1/A2 = mortgageable · B1 = mortgageable with plan · B2 = remediation required
RICS EWS1 guidance →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 profileMixed demand
Tenant profilelikely cohortBN3 7BS · 2 bed
Primary profile
Mixed demand
Nearest university
for student-let assessment
University of Brighton · 6.8 km
Reason
Mixed-demand area without a single dominant tenant cohort. Local lettings agent can clarify.
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
2-bed · 1-bath · 569 sqft
£17k–£35k
£ per sqft
building cost only
£31–£61
Per-item breakdown (4 lines)
- Kitchen · Full unit replacement£3,840–£8,640
- 1 × bathroom · Full strip + retile£3,325–£6,650
- Paint + decor£3,983–£7,397
- Flooring · Carpet on bedrooms + LVT/laminate downstairs£6,259–£11,949
Guide rates · UK May 2026
Tier-based bands — get a builder quote before exchanging.
Rent by the room licensingN/A
Price & sale history184d on marketno cuts yet
Strategy matrix
Council lease wins — +£504/mo · £220/mo ahead of Refurb & refinance
| Strategy | Return before costs on price | Monthly profit | Cash needed | 5y Return on your cash on cash | Risk | Feasibility |
|---|---|---|---|---|---|---|
| Rent it out | 10.30% | +£268 | £93,590 | 25.7% | Low | Feasible |
| Housing-benefit rent | 5.99% | -£437 | £93,590 | -19.6% | Med | Feasible |
| ⭐ Council lease | 10.30% | +£504 | £93,590 | 37.4% | Low | Feasible |
| Refurb & refinance | 10.30% | +£283 | £110,666 | 22.7% | Med | Feasible |
| Short-stay let / Airbnb | 11.79% | +£2 | £93,590 | 3.5% | High | Feasible |
| Buy, improve & sell | 0.00% | -£341 | £274,066 | 5% | Med | Feasible |
| Rent by the room | — | — | — | — | — | Disabledneeds 3+ beds |
Short-let (SA) context457 active short-lets nearby
Short-let market context
- 457 active short-let listings in this postcode
Housing-benefit (LHA) scheme detailBRMA Brighton and Hove · cap £1,197/mo
Housing-benefit rent scheme detail
- Rental Market Area (BRMA):
- Brighton and Hove
- LHA monthly cap:
- £1,197
- Scheme type:
- PSL
- Premium:
- +600% premium over LHA cap
- Typical lease:
- 0 years lease
- Management:
- management covered by council
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
Local lettings demandby strategyLive area data
Short-stay let57% occupancy
£136/night ADR
Based on 107 short-let comps nearby
Rent by the room conversion upside
-£369/mo cash flow vs Rent it out if converted to Rent by the room
12.00% Return before costs on price converted vs 10.30% as-is
As-is Rent it out
Monthly profit+£430
Return before costs on price10.30%
Cash needed£71,898
If converted to Rent by the room
Monthly profit+£61
Return before costs on price12.00%
Cash needed£87,898
Δ vs Rent it out Monthly profit-£369
Show conversion detail
Cannot Rent by the room:Only 2 bed — too small for an HMO (3+ unrelated tenants from 2+ households) without major reconfiguration.
Conversion cost estimate
£55,000
Range: £47,500 – £65,000
Fire safety, plumbing, partitioning, licensing.
Rates as of Apr 2026
Planning approval likelihood
Likely approvable · 67% likely
low confidence
- Article 4 direction applies — planning permission required for C3->C4 HMO
- no known HMOs within 50m (below threshold)
- local council HMO approval rate 67% (343 decisions)
≈0.0% within 50 m vs 10% policy
£41,686–£75,419full refurb + room split
What's in this cost
- Kitchen£9,900–£19,800
- 1 × bathroom£6,750–£12,375
- Rewire£2,845–£4,552
- Replumb£2,276–£3,983
- Windows£6,259–£10,811
- Paint + decor£5,690–£9,673
- Flooring£7,966–£14,225
Comparables
sold within 0.5 miWide · CV 34.9%Med confidence
Loading nearby sold…
Location & area intelligence
Transport score100 / 100
On the map
- Registered HMOs
- Approved HMO conversions
- Pending HMO applications
Brighton and Hove HMO Article 4
≈0.0% within 50 m vs 10% policy
Schools & catchment5 schools nearby
Nearby schoolsOfsted-rated, nearest first5 of 5
- GoodAldrington CofE Primary SchoolPrimary · Voluntary aided school · BN3 7QD
- GoodHove Park School and Sixth Form CentreSecondary · Community school · BN3 7BN
- Not ratedBilingual Primary School - Brighton & HovePrimary · Free schools · BN3 7QA
- Not ratedGoldstone Primary SchoolPrimary · Community school · BN3 7JW
- Not ratedBlatchington Mill SchoolSecondary · Community school · BN3 7BW
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£24,720
Section 24 credit£0
Annual tax due£935
Post-tax Monthly profit annual£3,036
Exit costs
Projected sale price (5y · 2%/yr growth)£264,979
Capital gain (pre-CGT)£24,979
Sale costs (~2.5%)£6,624
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£24,095
Rates as of Oct 2024
Acquisition costs
£93,590cash neededPurchase price£240,000
Deposit (25%)£60,000
Stamp duty+5% additional-property surcharge£14,300
Refurb£12,690
Legal + survey£2,000
Mortgage fees£4,600
Total cash neededdeposit + costs (loan covers the rest)£93,590
Green = verified data. Amber = market typical. Red = our estimate — verify before offering.
About this propertydescription · rightmove
Description& agent copyRightmove
A GROUND FLOOR FLAT IN A PURPOSE BUILT BLOCK IN CONVENIENT LOCATION BEING SOLD WITH NO ONWARD CHAIN.
Situated in Nevill Road between Nevill Avenue and Woodland Drive with local shopping facilities available at Waitrose Superstore and further shopping at the nearby Hove town centre. Bus service passes by providing access to most parts of town, including the mainline railway stations with their commuter links to London. The property is well situated for local schools and Hove…
Floor plans
Nearby active comparables5 rentals · 5 deals
Comparable rentals
BN3 · same beds + typeMedian nearby: £1,600/mo · 5 of 5 already let-£460 vs our est
- Tisbury Road, Hove, BN3Let2b£1,550/moMay 2026
- Brunswick Terrace, Hove, BN3Let2b£2,499/moMay 2026
- Waterloo Street, Hove, BN3Let2b£1,500/moMay 2026
- Waterloo Street, Hove BN3 1AYLet2b£1,600/moMay 2026
- Livingstone Road, Hove, BN3Let2b£2,900/moMay 2026
Listing metarightmove · Dean & Co
About this listing
184 days · RightmovePrice history
5-year price trend
Monthly profit
+£268
Cash needed
£94K
Return after costs
3.44%
IRR
3.89%
Listed 184d ago
Nevill Road, Hove, East Sussex, BN3
flat · 2 bed · 1 bath · 569 sqft
£240,000
est £2,060 · 10.30% gross
Priced below market
1 / 10
85/100
Strong
Real 10.30% — fundamentals work.
Priced below market -14% vs 12 nearby sold (last 12 mo)
Monthly profit +£268/mo at 25% deposit @ 5.5%
Stress Rent-covers-mortgage check PASS at 6.5% rate stress
10.30% Return before costs — above-market
Price
£240K
14% below sold comps
Return before costs
10.30%
est rent £2,060/mo172 comps within 1 kmRange £1,968–£2,156/mo (Q1–Q3)
Bedrooms
2
1 bath
Energy rating
—
Energy rating
Run the numbers
What-if calculator
Rates as of 20 May 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: £1,968–£2,156/mo · n=172
Financing
DepositYour cash in — the rest is the mortgage25% · £60,000
Standard 75% LTV for BTL
Mortgage rate5y fixed5.8%
5-year fixed at 75% LTV — 5.75% (as of 2026-05-20).
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 (£9,518–£17,766 range), VAT-inclusive
Legal + survey (£)
Leasehold flat — £1,500 legal + £500 survey
Mortgage fees (£)
2% product fee on £180,000 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 £200K–£400K
Maintenance (£/mo)
Semi/flat: £67/mo proxy
Leasehold costs
Result · Rent it out
Monthly profit
+£268
after mortgage, operating costs & tax
Rent in£2,060/mo gross
£1,981/mo collected · £79/mo lost to voids
Where it goes
£975Mortgage£675Costs
£268/mo left as profit · 14% of rent kept
Mortgage£975
Costs£675
Management£206
Maintenance£67
Insurance£28
CapEx reserve£103
Voids + council tax£6
Service charge + ground rent£142
Ltd co. accounts£104
Selective licensing£19
Tax£63
Profit+£268
Returns
Return before costs on price10.30%
Cash return on cash3.44%
Gross margin£1,306
Cash needed£93,590
Monthly profit payback29y 2m
Data confidence
Lender stress test
Rent-covers-mortgage check @ stress2.03
Rent-covers-mortgage check PASS · stress 6.5% (target 1.45)
Short-let (SA) context457 active short-lets nearby
Short-let market context
- 457 active short-let listings in this postcode
Housing-benefit (LHA) scheme detailBRMA Brighton and Hove · cap £1,197/mo
Housing-benefit rent scheme detail
- Rental Market Area (BRMA):
- Brighton and Hove
- LHA monthly cap:
- £1,197
- Scheme type:
- PSL
- Premium:
- +600% premium over LHA cap
- Typical lease:
- 0 years lease
- Management:
- management covered by council
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 | £24,720 | £8,098 | £11,700 | £0 | £935 | £3,987 | £3,987 |
| Year 2 | £25,462 | £8,341 | £11,700 | £0 | £1,030 | £4,391 | £8,378 |
| Year 3 | £26,225 | £8,591 | £11,700 | £0 | £1,128 | £4,806 | £13,184 |
| Year 4 | £27,012 | £8,849 | £11,700 | £0 | £1,228 | £5,235 | £18,419 |
| Year 5 | £27,823 | £9,114 | £11,700 | £0 | £1,332 | £5,676 | £24,095 |
Rent by the room upside
What we verified
3307
Legal & planning▾
Article 4HMO restriction lookupUnknown
Rent by the room licensingMandatory if 5+ unrelatedN/A
TenureTenure typeLeasehold
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
Service chargeReduces net yield£1,400/yr
Area▾
Crimepolice.uk · monthlyChecking…
SchoolsGIAS · OfstedChecking…
FloodEA Flood Map · England onlyChecking…
Investor profile▾
Tenant profileBeds + postcode heuristicFamily let
Rent by the room feasibilityMin 3 beds for C4 routeBelow threshold
Comparables
sold within 0.5 miWide · CV 34.9%Med confidence
Loading nearby sold…
Location & transport
Tax & exit
Tax bandLtd Co 25%
Mortgage-interest tax rule credit£2,340
Annual rental tax£755
CGT yr 5£0 · company level
5y net total£24,095
Acquisition costs
25% deposit£60,000
Stamp duty£14,300
Refurb£12,690
Legal + survey£2,000
Mortgage + broker£4,600
Cash needed£93,590
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
A GROUND FLOOR FLAT IN A PURPOSE BUILT BLOCK IN CONVENIENT LOCATION BEING SOLD WITH NO ONWARD CHAIN.
Situated in Nevill Road between Nevill Avenue and Woodland Drive with local shopping facilities available at Waitrose Superstore and further shopping at the nearby Hove town centre. Bus service passes by providing access to most parts of town, including the mainline railway stations with their commuter links to London. The property is well situated for local schools and Hove…
Floor plans
Listing
Sources: Rightmove · HM Land Registry · Ofsted · EA Flood Zones
Estimates not financial advice
Estimates not financial advice