Cornwall Grove, Stockton-on-tees, TS20
Terraced · 3 bed
Supports major UK property portals
Suggested Offer Range
Already 20.2% below the comparable sales mean — limited negotiation margin. Strong value at current asking price. Note: listed as "Offers Over" — vendor expects full asking price or above.
Property Details
- Asking Price
- £115,000
- Property Type
- Terraced
- Bedrooms
- 3
- Bathrooms
- N/A
- Est. Floor Area
- 915 sqft (est.)
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
This listing is priced below the postcode sector benchmark.
Motivated Seller Analysis
Watch — 4/10Behavioural signals: 11.5% price cutBelow market value
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £359 |
| ICR (actual) | 2.2x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £115,000 |
| Deposit (25% — 75% LTV) | £28,750 |
| SDLT (additional property, 5% surcharge) | £5,750 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £37,499 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
| Purchase price | £115,000 | Loan (75% LTV) | £86,250 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £395 |
| Rent needed (1.5×) | £593/mo | Estimated rent | £788/mo |
| Stress ratio | 1.99× (need ≥ 1.5×) +£195 surplus | ||
Assumptions: 75% LTV · 5.5% interest only · 1.5× rent coverage (standard lender requirement). Actual lender criteria vary — verify with your broker.
Exit Strategy
Capital appreciation projections at 2.5% pa (local Land Registry HPI). Assumes 75% LTV interest-only mortgage redeemed on sale. Excludes rental income.
| Est. reno cost | Unknown — score listing |
| Cash left in deal | Unknown |
| SA gross/mo | £1,846 |
| SA net/mo | £1,474 |
| BTL est./mo | £788 |
| SA vs BTL uplift | +£1,058/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £123,842 | +£8,842 | £32,833 | +£4,083 (3.6%) |
| 5 years | £130,112 | +£15,112 | £37,503 | +£8,753 (7.6%) |
| 7 years | £136,699 | +£21,699 | £42,411 | +£13,661 (11.9%) |
Projections: 2.5% pa HPI, 75% LTV IO mortgage redeemed at sale, 1.5% EA, £1,500 legal, 24% CGT above £3k allowance. Not financial advice.
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Location
Comparable Sales in TS20 1
🔍 Filtered to 3-bedroom comparable sales only.
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| 46, LEVEN ROAD, TS20 1BG | Terraced | 3 | £97,500 | £97 | 02/02/26 | 0.60 mi |
| 19, WHITFIELD ROAD, TS20 1PN | Terraced | 3 | £181,000 | £156 | 28/01/26 | 1.22 mi |
| 24, BEACONSFIELD ROAD, TS20 1JN | Terraced | 3 | £83,000 | £89 | 05/01/26 | 0.67 mi |
| 145, HIGH STREET, TS20 1AA | Terraced | 3 | £215,000 | £177 | 15/12/25 | 0.75 mi |
■ Above subject ■ Below subject
Based on 4 comparable sales — Full Range (grey) · Typical IQR (blue) · Fair Value CI (light blue) · | Median · | Mean · Asking (▲)
ⓘ Bedroom counts are not available from Land Registry records. Comparables are matched by postcode sector and property type only.
📈 Rental Yield & ROI Forecast
Compound-growth projection: 2.5% annual rent growth + 3% capital growth. IO mortgage throughout. For illustration only.
| Year | Est. Rent/yr | Est. Value | Net Income/yr | Cum. Cashflow | Total Return | ROI on Cash Invested |
|---|---|---|---|---|---|---|
| Yr 1 | £9,453 | £118,450 | £6,361 | £2,049 | £5,499 | 14.2% |
| Yr 3 | £9,932 | £125,664 | £6,706 | £6,661 | £17,324 | 44.9% |
| Yr 5 | £10,434 | £133,317 | £7,068 | £11,988 | £30,304 | 78.5% |
| Yr 10 | £11,806 | £154,550 | £8,055 | £28,677 | £68,227 | 176.8% |
| Yr 15 | £13,357 | £179,166 | £9,172 | £50,685 | £114,851 | 297.5% |
| Yr 20 | £15,112 | £207,703 | £10,436 | £78,711 | £171,414 | 444.1% |
| Yr 25 | £17,098 | £240,784 | £11,865 | £113,546 | £239,330 | 620.0% |
| Yr 30 | £19,345 | £279,135 | £13,483 | £156,084 | £320,219 | 829.6% |
ROI on Total Cash Invested (deposit + SDLT + acquisition costs). Assumes IO mortgage, no tax, no refinancing. Actual returns will vary.
Planning Applications Nearby (within 0.5 miles)
🌎 Area Profile — TS20 1 ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £670 | 7.0% | 4.2% | £-69 | -7.3% |
| Conservative | £733 | 7.6% | 5.0% | £81 | 3.0% |
| Base | £788 | 8.2% | 5.5% | £171 | 7.5% |
| Optimistic | £851 | 8.9% | 6.2% | £269 | 12.5% |
| Bull | £930 | 9.7% | 7.0% | £382 | 18.9% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●8.22% |
| Net Yield | ●5.53% |
| Net Annual Income | £6,363 |
| Deductions: void 8% (−£756) · mgmt 10% (−£945) · maint 10% (−£945) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £359 |
| Monthly Cashflow (IO) | ●£171 |
| Cash-on-Cash Return | ●5.31% |
| 5-Year IRR | ●7.5% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £5,750 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £5,750 |
| Section 24 Extra Tax/yr (higher rate) | £862 |
| SPV Annual Saving | £1,650 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £133,317 |
| Less: Purchase Price | −£115,000 |
| Less: Buying Costs (SDLT + legal) | −£8,350 |
| Less: Selling Costs (est. 2.5%) | −£3,333 |
| = CGT Net Gain (5yr) | £6,634 |
| CGT at 24% | £872 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £670 | 7.0% | 4.2% | £-69 | -7.3% |
| Conservative | £733 | 7.6% | 5.0% | £81 | 3.0% |
| Base | £788 | 8.2% | 5.5% | £171 | 7.5% |
| Optimistic | £851 | 8.9% | 6.2% | £269 | 12.5% |
| Bull | £930 | 9.7% | 7.0% | £382 | 18.9% |