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Flat · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 21% below the comparable sales mean — limited negotiation margin. Strong value at current asking price.
🔨 Refurb Cost Estimate
AI condition score: 4/10 · West Midlands rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £3,650 |
| Bathroom | £2,700 |
| Living Room | £1,550 |
| Master Bedroom | £1,800 |
| Bedroom 2 | £1,800 |
| Entrance Hall | £350 |
| Total Estimated Refurb | £11,400 |
⚠ 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 | Local, trusted builders in Birmingham T.A Smith Builders Ltd | 0121 475 4151 | — |
| decorator | Painting and Decorating Birmingham | Decorating Contractors ... | 0121 706 3125 | — |
| photographer | Birmingham photographer | 01839066789 | — |
Property Details
- Asking Price
- £129,950
- Property Type
- Flat
- Bedrooms
- 2
- Bathrooms
- N/A
- Article 4 Area
- ⚠️ Yes — SA/HMO may need planning consent
Comparable Sales in this postcode sector
🔍 Filtered to 2-bedroom comparable sales only.
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| Sector sale 1 | Flat | 2 | — | — | — | — |
| Sector sale 2 | Flat | 2 | — | — | — | — |
| Sector sale 3 | Flat | 2 | — | — | — | — |
| Sector sale 4 | Flat | 2 | — | — | — | — |
■ 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.
Location
Motivated Seller Analysis
Standard — 2/10Behavioural signals: 135 days on market
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £405 |
| ICR (actual) | 2.45x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £129,950 |
| Deposit (25% — 75% LTV) | £32,487 |
| SDLT (additional property, 5% surcharge) | £6,596 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £42,082 |
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 | £129,950 | Loan (75% LTV) | £97,462 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £447 |
| Rent needed (1.5×) | £670/mo | Estimated rent | £992/mo |
| Stress ratio | 2.22× (need ≥ 1.5×) +£322 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 (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) | £195,000 |
| 75% remortgage | £146,250 |
| Cash left in deal | £0 (100% recycled) |
| Est. BTL cashflow | +£35/mo |
| Gross margin | +£65,050 |
| Reno cost (est.) | –£11,400 |
| Buy + sell costs | –£13,121 |
| Net profit | +£40,529 (92.3% ROI) |
| SA gross/mo | £1,076 |
| SA net/mo | £797 |
| BTL est./mo | £992 |
| SA vs BTL uplift | +£84/mo |
| ⚠ Article 4 area — SA/HMO may require planning consent | |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £139,942 | +£9,992 | £37,202 | +£4,715 (3.6%) |
| 5 years | £147,026 | +£17,076 | £42,480 | +£9,993 (7.7%) |
| 7 years | £154,470 | +£24,520 | £48,025 | +£15,538 (12.0%) |
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.
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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 | £11,903 | £133,848 | £8,125 | £3,252 | £7,151 | 16.6% |
| Yr 3 | £12,506 | £142,000 | £8,559 | £10,405 | £22,455 | 52.0% |
| Yr 5 | £13,139 | £150,648 | £9,015 | £18,459 | £39,156 | 90.7% |
| Yr 10 | £14,866 | £174,642 | £10,258 | £42,837 | £87,529 | 202.7% |
| Yr 15 | £16,819 | £202,458 | £11,665 | £73,913 | £146,421 | 339.1% |
| Yr 20 | £19,029 | £234,704 | £13,256 | £112,567 | £217,321 | 503.3% |
| Yr 25 | £21,530 | £272,086 | £15,057 | £159,795 | £301,931 | 699.2% |
| Yr 30 | £24,359 | £315,423 | £17,094 | £216,723 | £402,195 | 931.4% |
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)
5 planning applications found within 0.5 miles — 🔒 sign in for references, descriptions and status
View all planning applications on your dashboard →
● Approved ● Pending ● Refused
🌎 Area Profile — West Midlands ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £843 | 7.8% | 4.7% | £-17 | -4.5% |
| Conservative | £923 | 8.5% | 5.6% | £162 | 5.4% |
| Base | £992 | 9.2% | 6.3% | £271 | 9.7% |
| Optimistic | £1,071 | 9.9% | 7.0% | £390 | 14.6% |
| Bull | £1,171 | 10.8% | 7.9% | £528 | 20.9% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●9.16% |
| Net Yield | ●6.25% |
| Net Annual Income | £8,126 |
| Deductions: void 8% (−£952) · mgmt 10% (−£1,190) · maint 10% (−£1,190) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £405 |
| Monthly Cashflow (IO) | ●£272 |
| Cash-on-Cash Return | ●7.53% |
| 5-Year IRR | ●9.7% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £6,596 |
| SDLT Effective Rate | 5.08% |
| SDLT (Company) | £6,596 |
| Section 24 Extra Tax/yr (higher rate) | £975 |
| SPV Annual Saving | £2,022 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £150,648 |
| Less: Purchase Price | −£129,950 |
| Less: Buying Costs (SDLT + legal) | −£9,196 |
| Less: Selling Costs (est. 2.5%) | −£3,766 |
| = CGT Net Gain (5yr) | £7,736 |
| CGT at 24% | £1,137 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £843 | 7.8% | 4.7% | £-17 | -4.5% |
| Conservative | £923 | 8.5% | 5.6% | £162 | 5.4% |
| Base | £992 | 9.2% | 6.3% | £271 | 9.7% |
| Optimistic | £1,071 | 9.9% | 7.0% | £390 | 14.6% |
| Bull | £1,171 | 10.8% | 7.9% | £528 | 20.9% |