diff --git a/app/__init__.py b/app/__init__.py
index 17bd96179..f860a0c21 100644
--- a/app/__init__.py
+++ b/app/__init__.py
@@ -149,7 +149,8 @@ def register_blueprint(application):
 def register_v2_blueprints(application):
     from app.v2.notifications.post_notifications import v2_notification_blueprint as post_notifications
     from app.v2.notifications.get_notifications import v2_notification_blueprint as get_notifications
-    from app.v2.template.get_template import template_blueprint
+    from app.v2.template.get_template import v2_template_blueprint as get_template
+    from app.v2.template.post_template import v2_template_blueprint as post_template
     from app.authentication.auth import requires_auth
 
     post_notifications.before_request(requires_auth)
@@ -158,8 +159,11 @@ def register_v2_blueprints(application):
     get_notifications.before_request(requires_auth)
     application.register_blueprint(get_notifications)
 
-    template_blueprint.before_request(requires_auth)
-    application.register_blueprint(template_blueprint)
+    get_template.before_request(requires_auth)
+    application.register_blueprint(get_template)
+
+    post_template.before_request(requires_auth)
+    application.register_blueprint(post_template)
 
 
 def init_app(app):
diff --git a/app/utils.py b/app/utils.py
index 15d38e42d..a939f849d 100644
--- a/app/utils.py
+++ b/app/utils.py
@@ -3,7 +3,7 @@ from datetime import datetime, timedelta
 import pytz
 from flask import url_for
 from sqlalchemy import func
-from notifications_utils.template import SMSMessageTemplate, PlainTextEmailTemplate
+from notifications_utils.template import SMSMessageTemplate, PlainTextEmailTemplate, LetterPreviewTemplate
 
 
 def pagination_links(pagination, endpoint, **kwargs):
@@ -26,9 +26,9 @@ def url_with_token(data, url, config):
 
 
 def get_template_instance(template, values):
-    from app.models import SMS_TYPE, EMAIL_TYPE
+    from app.models import SMS_TYPE, EMAIL_TYPE, LETTER_TYPE
     return {
-        SMS_TYPE: SMSMessageTemplate, EMAIL_TYPE: PlainTextEmailTemplate
+        SMS_TYPE: SMSMessageTemplate, EMAIL_TYPE: PlainTextEmailTemplate, LETTER_TYPE: LetterPreviewTemplate
     }[template['template_type']](template, values)
 
 
diff --git a/app/v2/template/__init__.py b/app/v2/template/__init__.py
index ad051cfca..32a21d564 100644
--- a/app/v2/template/__init__.py
+++ b/app/v2/template/__init__.py
@@ -2,6 +2,6 @@ from flask import Blueprint
 
 from app.v2.errors import register_errors
 
-template_blueprint = Blueprint("v2_template", __name__, url_prefix='/v2/template')
+v2_template_blueprint = Blueprint("v2_template", __name__, url_prefix='/v2/template')
 
-register_errors(template_blueprint)
+register_errors(v2_template_blueprint)
diff --git a/app/v2/template/get_template.py b/app/v2/template/get_template.py
index 794cba614..8bfbddc5a 100644
--- a/app/v2/template/get_template.py
+++ b/app/v2/template/get_template.py
@@ -7,22 +7,18 @@ from werkzeug.exceptions import abort
 from app import api_user
 from app.dao import templates_dao
 from app.schema_validation import validate
-from app.v2.template import template_blueprint
+from app.v2.template import v2_template_blueprint
 from app.v2.template.template_schemas import get_template_by_id_request
 
 
-@template_blueprint.route("/<template_id>", methods=['GET'])
-@template_blueprint.route("/<template_id>/version/<int:version>", methods=['GET'])
+@v2_template_blueprint.route("/<template_id>", methods=['GET'])
+@v2_template_blueprint.route("/<template_id>/version/<int:version>", methods=['GET'])
 def get_template_by_id(template_id, version=None):
-    try:
-        _data = {}
-        _data['id'] = template_id
-        if version:
-            _data['version'] = version
+    _data = {'id': template_id}
+    if version:
+        _data['version'] = version
 
-        data = validate(_data, get_template_by_id_request)
-    except ValueError or AttributeError:
-        abort(404)
+    data = validate(_data, get_template_by_id_request)
 
     template = templates_dao.dao_get_template_by_id_and_service_id(
         template_id, api_user.service_id, data.get('version'))
diff --git a/app/v2/template/post_template.py b/app/v2/template/post_template.py
new file mode 100644
index 000000000..531a9683c
--- /dev/null
+++ b/app/v2/template/post_template.py
@@ -0,0 +1,41 @@
+import uuid
+
+from flask import jsonify, request
+from jsonschema.exceptions import ValidationError
+from werkzeug.exceptions import abort
+
+from app import api_user
+from app.dao import templates_dao
+from app.schema_validation import validate
+from app.utils import get_template_instance
+from app.v2.errors import BadRequestError
+from app.v2.template import v2_template_blueprint
+from app.v2.template.template_schemas import post_template_preview_request, create_post_template_preview_response
+
+
+@v2_template_blueprint.route("/<template_id>/preview", methods=['POST'])
+def post_template_preview(template_id):
+    _data = request.get_json()
+    _data['id'] = template_id
+
+    data = validate(_data, post_template_preview_request)
+
+    template = templates_dao.dao_get_template_by_id_and_service_id(
+        template_id, api_user.service_id)
+
+    template_object = get_template_instance(
+        template.__dict__, values=data.get('personalisation'))
+
+    check_placeholders(template_object)
+
+    resp = create_post_template_preview_response(template=template,
+                                                 body=str(template_object),
+                                                 url_root=request.url_root)
+
+    return jsonify(resp), 200
+
+
+def check_placeholders(template_object):
+    if template_object.missing_data:
+        message = 'Missing personalisation: {}'.format(", ".join(template_object.missing_data))
+        raise BadRequestError(message=message, fields=[{'template': message}])
diff --git a/app/v2/template/template_schemas.py b/app/v2/template/template_schemas.py
index fc727302b..bc405129c 100644
--- a/app/v2/template/template_schemas.py
+++ b/app/v2/template/template_schemas.py
@@ -1,5 +1,5 @@
 from app.models import TEMPLATE_TYPES
-from app.schema_validation.definitions import uuid
+from app.schema_validation.definitions import uuid, personalisation
 
 
 get_template_by_id_request = {
@@ -39,3 +39,41 @@ get_template_by_id_response = {
     },
     "required": ["id", "type", "created_at", "updated_at", "version", "created_by", "body"]
 }
+
+post_template_preview_request = {
+    "$schema": "http://json-schema.org/draft-04/schema#",
+    "description": "POST template schema",
+    "type": "object",
+    "title": "POST v2/template/{id}/preview",
+    "properties": {
+        "id": uuid,
+        "personalisation": personalisation
+    },
+    "required": ["id", "personalisation"]
+}
+
+post_template_preview_response = {
+    "$schema": "http://json-schema.org/draft-04/schema#",
+    "description": "POST template preview schema response",
+    "type": "object",
+    "title": "reponse v2/template/{id}/preview",
+    "properties": {
+        "id": uuid,
+        "type": {"enum": TEMPLATE_TYPES},
+        "version": {"type": "integer"},
+        "body": {"type": "string"},
+        "subject": {"type": ["string", "null"]}
+    },
+    "required": ["id", "type", "version", "body"]
+}
+
+
+def create_post_template_preview_response(template, body, url_root):
+    return {
+        "id": template.id,
+        "type": template.template_type,
+        "version": template.version,
+        "body": body,
+        "subject": template.subject,
+        "uri": "{}v2/template/{}/preview".format(url_root, template.id)
+    }
diff --git a/tests/app/v2/template/test_get_template.py b/tests/app/v2/template/test_get_template.py
index f883dec56..ef3c9f437 100644
--- a/tests/app/v2/template/test_get_template.py
+++ b/tests/app/v2/template/test_get_template.py
@@ -4,15 +4,14 @@ import uuid
 from flask import json
 
 from app import DATETIME_FORMAT
-from app.models import EMAIL_TYPE, SMS_TYPE, LETTER_TYPE
+from app.models import EMAIL_TYPE, SMS_TYPE, LETTER_TYPE, TEMPLATE_TYPES
 from tests import create_authorization_header
 from tests.app.db import create_template
 
-template_types = [EMAIL_TYPE, SMS_TYPE, LETTER_TYPE]
 valid_version_params = [None, 1]
 
 
-@pytest.mark.parametrize("tmp_type", template_types)
+@pytest.mark.parametrize("tmp_type", TEMPLATE_TYPES)
 @pytest.mark.parametrize("version", valid_version_params)
 def test_get_email_template_by_id_returns_200(client, sample_service, tmp_type, version):
     template = create_template(sample_service, template_type=tmp_type)
@@ -42,12 +41,10 @@ def test_get_email_template_by_id_returns_200(client, sample_service, tmp_type,
     assert json_response == expected_response
 
 
-def test_get_template_with_non_existent_template_id_returns_404(client, sample_service):
+def test_get_template_with_non_existent_template_id_returns_404(client, fake_uuid, sample_service):
     auth_header = create_authorization_header(service_id=sample_service.id)
 
-    random_template_id = str(uuid.uuid4())
-
-    response = client.get(path='/v2/template/{}'.format(random_template_id),
+    response = client.get(path='/v2/template/{}'.format(fake_uuid),
                           headers=[('Content-Type', 'application/json'), auth_header])
 
     assert response.status_code == 404
@@ -66,7 +63,7 @@ def test_get_template_with_non_existent_template_id_returns_404(client, sample_s
     }
 
 
-@pytest.mark.parametrize("tmp_type", template_types)
+@pytest.mark.parametrize("tmp_type", TEMPLATE_TYPES)
 def test_get_template_with_non_existent_version_returns_404(client, sample_service, tmp_type):
     template = create_template(sample_service, template_type=tmp_type)
 
diff --git a/tests/app/v2/template/test_post_template.py b/tests/app/v2/template/test_post_template.py
new file mode 100644
index 000000000..f99b3ee86
--- /dev/null
+++ b/tests/app/v2/template/test_post_template.py
@@ -0,0 +1,81 @@
+import pytest
+import uuid
+
+from flask import json
+
+from app.models import TEMPLATE_TYPES
+from tests import create_authorization_header
+from tests.app.db import create_template
+
+valid_data = {
+    'personalisation': {'Name': 'Jo'}
+}
+
+
+@pytest.mark.parametrize("tmp_type", TEMPLATE_TYPES)
+def test_valid_post_template_returns_200(client, sample_service, tmp_type):
+    template = create_template(
+        sample_service,
+        template_type=tmp_type,
+        content='Dear ((Name)), Hello. Yours Truly, The Government.')
+
+    auth_header = create_authorization_header(service_id=sample_service.id)
+
+    response = client.post(
+        path='/v2/template/{}/preview'.format(template.id),
+        data=json.dumps(valid_data),
+        headers=[('Content-Type', 'application/json'), auth_header])
+
+    assert response.status_code == 200
+
+    resp_json = json.loads(response.get_data(as_text=True))
+
+    assert resp_json['id'] == str(template.id)
+    assert 'v2/template/{}/preview'.format(template.id) in resp_json['uri']
+    assert 'Dear {}'.format(valid_data['personalisation']['Name']) in resp_json['body']
+
+
+@pytest.mark.parametrize("tmp_type", TEMPLATE_TYPES)
+def test_invalid_post_template_returns_400(client, sample_service, tmp_type):
+    template = create_template(
+        sample_service,
+        template_type=tmp_type,
+        content='Dear ((Name)), Hello ((Missing)). Yours Truly, The Government.')
+
+    auth_header = create_authorization_header(service_id=sample_service.id)
+
+    response = client.post(
+        path='/v2/template/{}/preview'.format(template.id),
+        data=json.dumps(valid_data),
+        headers=[('Content-Type', 'application/json'), auth_header])
+
+    assert response.status_code == 400
+
+    resp_json = json.loads(response.get_data(as_text=True))
+
+    assert resp_json['errors'][0]['error'] == 'BadRequestError'
+    assert 'Missing personalisation: Missing' in resp_json['errors'][0]['message']
+
+
+def test_post_template_with_non_existent_template_id_returns_404(client, fake_uuid, sample_service):
+    auth_header = create_authorization_header(service_id=sample_service.id)
+
+    response = client.post(
+        path='/v2/template/{}/preview'.format(fake_uuid),
+        data=json.dumps(valid_data),
+        headers=[('Content-Type', 'application/json'), auth_header])
+
+    assert response.status_code == 404
+    assert response.headers['Content-type'] == 'application/json'
+
+    json_response = json.loads(response.get_data(as_text=True))
+
+    assert json_response == {
+        "errors": [
+            {
+                "error": "NoResultFound",
+                "message": "No result found"
+            }
+        ],
+        "status_code": 404
+    }
diff --git a/tests/app/v2/template/test_template_schemas.py b/tests/app/v2/template/test_template_schemas.py
index 3a89cf5e2..97fca1ca4 100644
--- a/tests/app/v2/template/test_template_schemas.py
+++ b/tests/app/v2/template/test_template_schemas.py
@@ -3,37 +3,39 @@ import uuid
 import pytest
 from flask import json
 
+from app.models import EMAIL_TYPE, SMS_TYPE, LETTER_TYPE, TEMPLATE_TYPES
 from app.v2.template.template_schemas import (
     get_template_by_id_response,
-    get_template_by_id_request
+    get_template_by_id_request,
+    post_template_preview_request,
+    post_template_preview_response
 )
 from app.schema_validation import validate
 from jsonschema.exceptions import ValidationError
 
 
-valid_json = {
+valid_json_get_response = {
     'id': str(uuid.uuid4()),
-    'type': 'email',
+    'type': SMS_TYPE,
     'created_at': '2017-01-10T18:25:43.511Z',
     'updated_at': None,
     'version': 1,
     'created_by': 'someone@test.com',
-    'body': "some body"
+    'body': 'some body'
 }
 
-valid_json_with_optionals = {
+valid_json_get_response_with_optionals = {
     'id': str(uuid.uuid4()),
-    'type': 'email',
+    'type': EMAIL_TYPE,
     'created_at': '2017-01-10T18:25:43.511Z',
     'updated_at': None,
     'version': 1,
     'created_by': 'someone',
-    'body': "some body",
+    'body': 'some body',
     'subject': "some subject"
 }
 
-valid_request_args = [
-    {"id": str(uuid.uuid4()), "version": 1}, {"id": str(uuid.uuid4())}]
+valid_request_args = [{"id": str(uuid.uuid4()), "version": 1}, {"id": str(uuid.uuid4())}]
 
 invalid_request_args = [
     ({"id": str(uuid.uuid4()), "version": "test"}, ["version test is not of type integer, null"]),
@@ -43,6 +45,39 @@ invalid_request_args = [
     ({"id": "invalid_uuid", "version": 0}, ["version 0 is less than the minimum of 1", "id is not a valid UUID"])
 ]
 
+valid_json_post_args = {
+    "id": str(uuid.uuid4()),
+    "personalisation": {"key": "value"}
+}
+
+invalid_json_post_args = [
+    ({"id": "invalid_uuid", "personalisation": {"key": "value"}}, ["id is not a valid UUID"]),
+    ({"id": str(uuid.uuid4()), "personalisation": "invalid_personalisation"},
+     ["personalisation should contain key value pairs"]),
+    ({"id": str(uuid.uuid4())}, ["personalisation is a required property"]),
+    ({"personalisation": "invalid_personalisation"},
+        ["id is a required property",
+         "personalisation is a required property",
+         "personalisation should contain key value pairs"])
+]
+
+valid_json_post_response = {
+    'id': str(uuid.uuid4()),
+    'type': 'email',
+    'version': 1,
+    'created_by': 'someone@test.com',
+    'body': 'some body'
+}
+
+valid_json_post_response_with_optionals = {
+    'id': str(uuid.uuid4()),
+    'type': 'email',
+    'version': 1,
+    'created_by': 'someone@test.com',
+    'body': "some body",
+    'subject': 'some subject'
+}
+
 
 @pytest.mark.parametrize("args", valid_request_args)
 def test_get_template_request_schema_against_valid_args_is_valid(args):
@@ -61,10 +96,37 @@ def test_get_template_request_schema_against_invalid_args_is_invalid(args, error
         assert error['message'] in error_message
 
 
-@pytest.mark.parametrize("response", [valid_json, valid_json_with_optionals])
+@pytest.mark.parametrize("template_type", TEMPLATE_TYPES)
+@pytest.mark.parametrize("response", [valid_json_get_response, valid_json_get_response_with_optionals])
 @pytest.mark.parametrize("updated_datetime", [None, '2017-01-11T18:25:43.511Z'])
-def test_get_template_response_schema_is_valid(response, updated_datetime):
+def test_get_template_response_schema_is_valid(response, template_type, updated_datetime):
     if updated_datetime:
         response['updated_at'] = updated_datetime
 
+    response['type'] = template_type
+
     assert validate(response, get_template_by_id_response) == response
+
+
+def test_post_template_preview_against_valid_args_is_valid():
+    assert validate(valid_json_post_args, post_template_preview_request) == valid_json_post_args
+
+
+@pytest.mark.parametrize("args,error_message", invalid_json_post_args)
+def test_post_template_preview_against_invalid_args_is_invalid(args, error_message):
+    with pytest.raises(ValidationError) as e:
+        validate(args, post_template_preview_request)
+    errors = json.loads(str(e.value))
+
+    assert errors['status_code'] == 400
+
+    for error in errors['errors']:
+        assert error['message'] in error_message
+
+
+@pytest.mark.parametrize("template_type", TEMPLATE_TYPES)
+@pytest.mark.parametrize("response", [valid_json_post_response, valid_json_post_response_with_optionals])
+def test_post_template_preview_response_schema_is_valid(response, template_type):
+    response['type'] = template_type
+
+    assert validate(response, post_template_preview_response) == response