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Bungalow · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 25% below the area median — limited negotiation margin. Strong value at current asking price.
🔨 Refurb Cost Estimate
Estimated (no AI photo score yet) · Yorkshire and The Humber rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £3,400 |
| Bathroom | £2,500 |
| Living Room | £1,450 |
| Hallway / Stairs | £550 |
| Master Bedroom | £1,700 |
| Bedroom 2 | £1,700 |
| Total Estimated Refurb | £10,800 |
⚠ Indicative estimates only. Based on photo condition score and regional benchmarks for a typical 2–3 bed property. Always obtain contractor quotes before committing to a refurb budget. Photo AI may over-flag minor cosmetic issues.
🔧 Local Trades
| Trade | Name | Phone | |
|---|---|---|---|
| builder | Builder in York | High Spec Extensions & Alterations | 01904 593544 | — |
| decorator | Painter & Decorators York - York Decorator | 01904 626920 | — |
| photographer | Sarah Burton Photography | 07822 010126 | — |
Property Details
- Asking Price
- £290,000
- Property Type
- Bungalow
- Bedrooms
- 2
- Bathrooms
- N/A
- Floor Area
- 700–800 sqft
- Article 4 Area
- ⚠️ Yes — SA/HMO may need planning consent
This listing is priced below the postcode sector benchmark.
Comparable Sales in this postcode sector
🔍 Filtered to 1-3-bedroom comparable sales only.
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| Sector sale 1 | Detached | 3 | — | — | — | — |
| Sector sale 2 | Detached | 3 | — | — | — | — |
■ Above subject ■ Below subject
ⓘ Bedroom counts are estimated from EPC records or floor area, since Land Registry sales don’t record bedrooms directly.
Location
Motivated Seller Analysis
Watch — 4/10Behavioural signals: 122 days on marketBelow market value
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £904 |
| ICR (actual) | 1.17x |
| Feasibility | REFER |
| Notes: Rental coverage 83% — below 100% stressed coverage, most lenders will decline | |
| 💲 Total Cash Required | |
| Purchase Price | £290,000 |
| Deposit (25% — 75% LTV) | £72,500 |
| SDLT (additional property, 5% surcharge) | £19,000 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £94,499 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
Tests lender affordability (rent vs. mortgage interest) — a different calculation from the BRRR Strategy card above, which tests capital recycled via refinance.
| Purchase price | £290,000 | Loan (75% LTV) | £217,500 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £997 |
| Rent needed (1.5×) | £1,495/mo | Estimated rent | £1,057/mo |
| Stress ratio | 1.06× (need ≥ 1.5×) £438 shortfall | ||
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 (a flat UK-wide assumption — not adjusted for this property's specific location). Assumes 75% LTV interest-only mortgage redeemed on sale. Excludes rental income.
How is this calculated?
This is a simplified projection based on comparable sales data and an estimated refurb cost. It does not currently account for seller motivation signals, nearby planning applications, or the area's wider demographic profile — see the relevant sections elsewhere in this report for those. Not financial advice.
| Est. reno cost | Unknown — score listing |
| GDV (comp median) | £310,000 |
| 75% remortgage | £232,500 |
| Cash left in deal | £68,300 (18% recycled) |
| Est. BTL cashflow | £-282/mo |
| Gross margin | +£20,000 |
| Reno cost (est.) | –£10,800 |
| Buy + sell costs | –£27,250 |
| Net profit | £-18,050 (-21.7% ROI) |
| SA gross/mo | £1,040 |
| SA net/mo | £765 |
| BTL est./mo | £1,056 |
| SA vs BTL uplift | £-16/mo |
| ⚠ Article 4 area — SA/HMO may require planning consent | |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £312,298 | +£22,298 | £83,982 | +£11,482 (4.0%) |
| 5 years | £328,108 | +£38,108 | £95,761 | +£23,261 (8.0%) |
| 7 years | £344,719 | +£54,719 | £108,136 | +£35,636 (12.3%) |
Projections: 2.5% pa UK-wide HPI assumption (not location-adjusted), 75% LTV IO mortgage redeemed at sale, 1.5% EA, £1,500 legal, 24% CGT above £3k allowance. Not financial advice.
Finance This Investment
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📈 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 | £12,673 | £298,700 | £8,680 | £-2,195 | £6,505 | 6.8% |
| Yr 3 | £13,315 | £316,891 | £9,141 | £-5,896 | £20,995 | 22.0% |
| Yr 5 | £13,989 | £336,189 | £9,627 | £-8,638 | £37,551 | 39.3% |
| Yr 10 | £15,827 | £389,736 | £10,950 | £-10,974 | £88,762 | 92.8% |
| Yr 15 | £17,907 | £451,811 | £12,448 | £-6,179 | £155,631 | 162.8% |
| Yr 20 | £20,260 | £523,772 | £14,142 | £6,684 | £240,456 | 251.5% |
| Yr 25 | £22,922 | £607,196 | £16,059 | £28,675 | £345,870 | 361.8% |
| Yr 30 | £25,934 | £703,906 | £18,228 | £60,993 | £474,899 | 496.8% |
ROI on Total Cash Invested (deposit + SDLT + acquisition costs). Assumes IO mortgage, no tax, no refinancing. Actual returns will vary.
🌎 Area Profile — Yorkshire ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £898 | 3.7% | 2.3% | £-631 | -16.6% |
| Conservative | £983 | 4.1% | 2.7% | £-346 | -4.7% |
| Base | £1,057 | 4.4% | 3.0% | £-182 | 0.4% |
| Optimistic | £1,142 | 4.7% | 3.3% | £-8 | 6.0% |
| Bull | £1,247 | 5.2% | 3.8% | £186 | 13.1% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●4.37% |
| Net Yield | ●3.0% |
| Net Annual Income | £8,687 |
| Deductions: void 8% (−£1,014) · mgmt 10% (−£1,267) · maint 10% (−£1,267) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £904 |
| Monthly Cashflow (IO) | ●£-180 |
| Cash-on-Cash Return | ●-2.29% |
| 5-Year IRR | ●0.4% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £19,000 |
| SDLT Effective Rate | 6.55% |
| SDLT (Company) | £19,000 |
| Section 24 Extra Tax/yr (higher rate) | £1,884 |
| SPV Annual Saving | £1,884 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £336,189 |
| Less: Purchase Price | −£290,000 |
| Less: Buying Costs (SDLT + legal) | −£21,600 |
| Less: Selling Costs (est. 2.5%) | −£8,405 |
| = CGT Net Gain (5yr) | £16,184 |
| CGT at 24% | £3,164 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £898 | 3.7% | 2.3% | £-631 | -16.6% |
| Conservative | £983 | 4.1% | 2.7% | £-346 | -4.7% |
| Base | £1,057 | 4.4% | 3.0% | £-182 | 0.4% |
| Optimistic | £1,142 | 4.7% | 3.3% | £-8 | 6.0% |
| Bull | £1,247 | 5.2% | 3.8% | £186 | 13.1% |
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