In the plans i have thought about so far i will be renting out the house here for less then that i am looking at clearing £400 a month straight into my bank account so £4800 a year , its being rented to my daughter for a agreed price and term , then after that time its hers, no intrest to pay , so she is happy and i am happy too, the only problem i can see is she does not pay, but its all in my name so it can always be sold,But by using my example, let's say then £5400 a year, but less letting fees, maintenance, checks etc.
Fall lucky and get about 5k a year. Obviously not enough to live on, but combine this with company pension, other income - and it could just turn an uncertainty into a portfolio you could manage on.