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Apartment · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 11% below the area median — some negotiation possible but limited margin. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 Refurb Cost Estimate
AI condition score: 8/10 · West Midlands rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £750 |
| Bathroom | £550 |
| Living Room | £300 |
| Master Bedroom | £350 |
| Bedroom 2 | £350 |
| Entrance Hall | £50 |
| Total Estimated Refurb | £1,900 |
⚠ 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 | Building Contractor in Coventry, Building Contractor in ... | 07718 001059 | — |
| decorator | Coventry Decorators – Call us if If you are looking for painters and ... | 07516 790 046 | — |
| photographer | Kamera Studios | 024 7667 3061 | — |
Property Details
- Asking Price
- £190,000
- Property Type
- Apartment
- Bedrooms
- 2
- Bathrooms
- N/A
- Est. Floor Area
- 900–1,000 sqft (est.)
- Article 4 Area
- ⚠️ Yes — SA/HMO may need planning consent
📈 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 | £10,944 | £195,700 | £7,435 | £310 | £6,010 | 9.6% |
| Yr 3 | £11,498 | £207,618 | £7,834 | £1,525 | £19,143 | 30.7% |
| Yr 5 | £12,080 | £220,262 | £8,253 | £3,568 | £33,830 | 54.2% |
| Yr 10 | £13,668 | £255,344 | £9,396 | £12,579 | £77,923 | 124.9% |
| Yr 15 | £15,464 | £296,014 | £10,689 | £27,748 | £133,762 | 214.4% |
| Yr 20 | £17,496 | £343,161 | £12,152 | £49,884 | £203,045 | 325.4% |
| Yr 25 | £19,795 | £397,818 | £13,807 | £79,902 | £287,720 | 461.1% |
| Yr 30 | £22,396 | £461,180 | £15,680 | £118,839 | £390,019 | 625.0% |
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 | £775 | 4.9% | 2.9% | £-305 | -13.0% |
| Conservative | £848 | 5.4% | 3.5% | £-96 | -1.6% |
| Base | £912 | 5.8% | 3.9% | £26 | 3.2% |
| Optimistic | £985 | 6.2% | 4.4% | £157 | 8.6% |
| Bull | £1,076 | 6.8% | 4.9% | £306 | 15.4% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●5.76% |
| Net Yield | ●3.91% |
| Net Annual Income | £7,435 |
| Deductions: void 8% (−£876) · mgmt 10% (−£1,094) · maint 10% (−£1,094) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £593 |
| Monthly Cashflow (IO) | ●£27 |
| Cash-on-Cash Return | ●0.5% |
| 5-Year IRR | ●3.2% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £10,800 |
| SDLT Effective Rate | 5.68% |
| SDLT (Company) | £10,800 |
| Section 24 Extra Tax/yr (higher rate) | £1,425 |
| SPV Annual Saving | £1,999 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £220,262 |
| Less: Purchase Price | −£190,000 |
| Less: Buying Costs (SDLT + legal) | −£13,400 |
| Less: Selling Costs (est. 2.5%) | −£5,507 |
| = CGT Net Gain (5yr) | £11,355 |
| CGT at 24% | £2,005 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £775 | 4.9% | 2.9% | £-305 | -13.0% |
| Conservative | £848 | 5.4% | 3.5% | £-96 | -1.6% |
| Base | £912 | 5.8% | 3.9% | £26 | 3.2% |
| Optimistic | £985 | 6.2% | 4.4% | £157 | 8.6% |
| Bull | £1,076 | 6.8% | 4.9% | £306 | 15.4% |
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