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Year 5 disposal
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35/ 100
Weak
9.53% return before costs — market rent unverified, verify rent + comps locally.
Why it works
- 9.53% return before costs — above-market
- Stress Rent-covers-mortgage check PASS at 6.5% rate stress — lender-friendly
Why to be cautious
- Service charge unknown — could swing £100-300/mo
- 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
+£117/mo
Barely breaks even each month
Price
£220K
No local sold comps to compare
Return · IRR
2.0%/yr
Modest annualised return
Cash to get in
£85K
Deposit + fees + refurb
Return before costs on price 9.53%5-yr return on cash 16%Rent est. £1,748 (£1,524–£2,005)
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: £1,524–£2,005/mo · n=110
Financing
DepositYour cash in — the rest is the mortgage25% · £55,000
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 (£8,073–£15,070 range), VAT-inclusive
Legal + survey (£)
Leasehold flat — £1,500 legal + £500 survey
Mortgage fees (£)
2% product fee on £165,000 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
+£117
after mortgage, operating costs & tax
Rent in£1,748/mo gross
£1,681/mo collected · £67/mo lost to voids
Where it goes
£894Mortgage£642Costs
£117/mo left as profit · 7% of rent kept
Mortgage£894
Costs£642
Management£175
Maintenance£67
Insurance£28
CapEx reserve£87
Voids + council tax£6
Service charge + ground rent£175
Ltd co. accounts£104
Tax£28
Profit+£117
Returns
Return before costs on price9.53%
Cash return on cash1.66%
Gross margin£1,039
Cash needed£84,964
Monthly profit payback60y 4m
Data confidence
Lender stress test
Rent-covers-mortgage check @ stress1.88
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 | £20,976 | £7,704 | £10,725 | £0 | £484 | £2,063 | £2,063 |
| Year 2 | £21,605 | £7,936 | £10,725 | £0 | £560 | £2,385 | £4,447 |
| Year 3 | £22,253 | £8,174 | £10,725 | £0 | £637 | £2,718 | £7,165 |
| Year 4 | £22,921 | £8,419 | £10,725 | £0 | £718 | £3,059 | £10,224 |
| Year 5 | £23,609 | £8,671 | £10,725 | £0 | £800 | £3,412 | £13,637 |
Disposal gain (gross)-£8,839
CGT£0
Net Disposal proceeds£236,825
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
Verify
Lender impact
No EWS1 / floor info in description. Buildings > 11 m need EWS1 or PAS 9980 — confirm height + status with the agent before offering.
Verify with lender
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 · 2 bed
Primary profile
Mixed demand
Nearest university
for student-let assessment
University of Brighton · 5.8 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 · 810 sqft
£22k–£43k
£ per sqft
building cost only
£27–£53
Per-item breakdown (4 lines)
- Kitchen · Full unit replacement£3,840–£8,640
- 1 × bathroom · Full strip + retile£3,325–£6,650
- Paint + decor£5,670–£10,530
- Flooring · Carpet on bedrooms + LVT/laminate downstairs£8,910–£17,010
Guide rates · UK May 2026 · sqft auto-estimated from beds
Tier-based bands — get a builder quote before exchanging.
Rent by the room licensingN/A
Price & sale history88d on marketno cuts yet
Strategy matrix
Short-stay let / Airbnb wins — +£185/mo · £68/mo ahead of Rent it out
| Strategy | Return before costs on price | Monthly profit | Cash needed | 5y Return on your cash on cash | Risk | Feasibility |
|---|---|---|---|---|---|---|
| Rent it out | 9.53% | +£117 | £84,964 | 16.1% | Low | Feasible |
| Housing-benefit rent | 6.53% | -£378 | £84,964 | -17.5% | Med | Feasible |
| Council lease | 0.00% | -£1,268 | £84,964 | -91.2% | Low | Feasible |
| Refurb & refinance | 9.53% | +£117 | £100,270 | 13.6% | Med | Feasible |
| ⭐ Short-stay let / Airbnb | 14.22% | +£185 | £84,964 | 17.3% | High | Feasible |
| Buy, improve & sell | 0.00% | -£374 | £249,970 | 5% | Med | Feasible |
| Rent by the room | — | — | — | — | — | Disabledneeds 3+ beds |
Short-let (SA) context446 active short-lets nearby
Short-let market context
- 446 active short-let listings in this postcode
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 let64% occupancy
£133/night ADR
Based on 110 short-let comps nearby
Rent by the room conversion upside
-£164/mo cash flow vs Rent it out if converted to Rent by the room
13.09% Return before costs on price converted vs 9.53% as-is
As-is Rent it out
Monthly profit+£289
Return before costs on price9.53%
Cash needed£66,898
If converted to Rent by the room
Monthly profit+£124
Return before costs on price13.09%
Cash needed£82,898
Δ vs Rent it out Monthly profit-£164
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
£58,230–£103,995full refurb + room split
What's in this cost
- Kitchen£9,900–£19,800
- 1 × bathroom£6,750–£12,375
- Rewire£4,725–£7,560
- Replumb£3,780–£6,615
- Windows£10,395–£17,955
- Paint + decor£9,450–£16,065
- Flooring£13,230–£23,625
Comparables
sold within 0.5 miLoading 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
Tax treatment
Annual gross rent£20,976
Section 24 credit£0
Annual tax due£484
Post-tax Monthly profit annual£1,256
Exit costs
Projected sale price (5y · 2%/yr growth)£242,898
Capital gain (pre-CGT)£22,898
Sale costs (~2.5%)£6,072
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£13,637
Rates as of Oct 2024
Acquisition costs
£84,964cash neededPurchase price£220,000
Deposit (25%)£55,000
Stamp duty+5% additional-property surcharge£12,900
Refurb£10,764
Legal + survey£2,000
Mortgage fees£4,300
Total cash neededdeposit + costs (loan covers the rest)£84,964
Green = verified data. Amber = market typical. Red = our estimate — verify before offering.
About this propertydescription · onthemarket
Description& agent copyOnTheMarket
Two bedroom apartment set in a fantastic location between Brighton and Hove Stations, and just a few minutes from the beach and the city centre shopping districts. It spans the entire first floor of a substantial Victorian terraced house.
Quietly situated on a one-way road away from the hustle and bustle of Palmeira Square, this two bedroom apartment is found within a tall Victorian townhouse bearing the classic architectural features of the period. Positioned on the first f…
Floor plans
Nearby active comparables5 rentals
Comparable rentals
BN3 · same beds + typeMedian nearby: £1,600/mo · 5 of 5 already let-£148 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
Other deals nearby
BN3 · ±25% priceNo other nearby investment deals matched on postcode prefix + bedrooms.
Listing metaonthemarket · Charters - Hove
About this listing
88 days · OnTheMarketPrice history
5-year price trend
Monthly profit
+£117
Cash needed
£85K
Return after costs
1.66%
IRR
1.99%
Listed 88d ago
Lansdowne Street, Hove, BN3, Hove, BN3
flat · 2 bed · 1 bath
£220,000
est £1,748 · 9.53% gross
1 / 5
35/100
Marginal
9.53% — verify the rent + comps locally.
Stress Rent-covers-mortgage check PASS at 6.5% rate stress
9.53% Return before costs — above-market
Price
£220K
Return before costs
9.53%
est rent £1,748/mo110 comps within 500 mRange £1,524–£2,005/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: £1,524–£2,005/mo · n=110
Financing
DepositYour cash in — the rest is the mortgage25% · £55,000
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 (£8,073–£15,070 range), VAT-inclusive
Legal + survey (£)
Leasehold flat — £1,500 legal + £500 survey
Mortgage fees (£)
2% product fee on £165,000 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
+£117
after mortgage, operating costs & tax
Rent in£1,748/mo gross
£1,681/mo collected · £67/mo lost to voids
Where it goes
£894Mortgage£642Costs
£117/mo left as profit · 7% of rent kept
Mortgage£894
Costs£642
Management£175
Maintenance£67
Insurance£28
CapEx reserve£87
Voids + council tax£6
Service charge + ground rent£175
Ltd co. accounts£104
Tax£28
Profit+£117
Returns
Return before costs on price9.53%
Cash return on cash1.66%
Gross margin£1,039
Cash needed£84,964
Monthly profit payback60y 4m
Data confidence
Lender stress test
Rent-covers-mortgage check @ stress1.88
Rent-covers-mortgage check PASS · stress 6.5% (target 1.45)
Short-let (SA) context446 active short-lets nearby
Short-let market context
- 446 active short-let listings in this postcode
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 | £20,976 | £7,704 | £10,725 | £0 | £484 | £2,063 | £2,063 |
| Year 2 | £21,605 | £7,936 | £10,725 | £0 | £560 | £2,385 | £4,447 |
| Year 3 | £22,253 | £8,174 | £10,725 | £0 | £637 | £2,718 | £7,165 |
| Year 4 | £22,921 | £8,419 | £10,725 | £0 | £718 | £3,059 | £10,224 |
| Year 5 | £23,609 | £8,671 | £10,725 | £0 | £800 | £3,412 | £13,637 |
Rent by the room upside
What we verified
2307
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
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 miLoading nearby sold…
Location & transport
Tax & exit
Tax bandLtd Co 25%
Mortgage-interest tax rule credit£2,145
Annual rental tax£331
CGT yr 5£0 · company level
5y net total£13,637
Acquisition costs
25% deposit£55,000
Stamp duty£12,900
Refurb£10,764
Legal + survey£2,000
Mortgage + broker£4,300
Cash needed£84,964
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 copyOnTheMarket
Two bedroom apartment set in a fantastic location between Brighton and Hove Stations, and just a few minutes from the beach and the city centre shopping districts. It spans the entire first floor of a substantial Victorian terraced house.
Quietly situated on a one-way road away from the hustle and bustle of Palmeira Square, this two bedroom apartment is found within a tall Victorian townhouse bearing the classic architectural features of the period. Positioned on the first f…
Floor plans
Listing
Sources: Rightmove · HM Land Registry · Ofsted · EA Flood Zones
Estimates not financial advice
Estimates not financial advice