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Town House · 2 bed
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Suggested Offer Range
Close to comparable sales mean. Standard 3–10% negotiation range.
🔨 Refurb Cost Estimate
Refurb cost estimate pending — this listing hasn't been through cost analysis yet. Runs nightly; check back within 24–48 hours.
🔧 Local Trades
| Trade | Name | Phone | |
|---|---|---|---|
| decorator | Derby House Painter & Decorator, Derby, DE1 2AW | 07441 425139 | — |
| photographer | Lianne Harrison Photography - Derby | 06195004180 | — |
Property Details
- Asking Price
- £189,950
- Property Type
- Town House
- Bedrooms
- 2
- Bathrooms
- N/A
- Est. Floor Area
- 800–900 sqft (est.)
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
This listing is priced below the postcode sector benchmark.
Comparable Sales in this postcode sector
⚠️ No comparable sales found matching 1-3 bedrooms; showing all property types for context.
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| Sector sale 1 | Terraced | 4 | — | — | — | — |
| Sector sale 2 | Terraced | 4 | — | — | — | — |
| Sector sale 3 | Terraced | 4 | — | — | — | — |
| Sector sale 4 | Terraced | 5 | — | — | — | — |
| Sector sale 5 | Terraced | 4 | — | — | — | — |
| Sector sale 6 | Terraced | 4 | — | — | — | — |
| Sector sale 7 | Terraced | 5 | — | — | — | — |
| Sector sale 8 | Terraced | 5 | — | — | — | — |
| Sector sale 9 | Terraced | 6 | — | — | — | — |
| Sector sale 10 | Terraced | 4 | — | — | — | — |
■ Above subject ■ Below subject
Based on 10 comparable sales — Full Range (grey) · Typical IQR (blue) · Fair Value CI (light blue) · | Median · | Mean · Asking (▲)
ⓘ Bedroom counts are estimated from EPC records or floor area, since Land Registry sales don’t record bedrooms directly.
Location
Motivated Seller Analysis
Standard — 3/10Behavioural signals: 67 days on marketBelow market value
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £592 |
| ICR (actual) | 1.29x |
| Feasibility | REFER |
| Notes: Rental coverage 92% — below 100% stressed coverage, most lenders will decline | |
| 💲 Total Cash Required | |
| Purchase Price | £189,950 |
| Deposit (25% — 75% LTV) | £47,487 |
| SDLT (additional property, 5% surcharge) | £10,796 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £61,282 |
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 | £189,950 | Loan (75% LTV) | £142,462 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £653 |
| Rent needed (1.5×) | £979/mo | Estimated rent | £762/mo |
| Stress ratio | 1.17× (need ≥ 1.5×) £217 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 |
| Cash left in deal | Unknown |
| SA gross/mo | £1,040 |
| SA net/mo | £765 |
| BTL est./mo | £761 |
| SA vs BTL uplift | +£279/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £204,555 | +£14,605 | £54,739 | +£7,252 (3.8%) |
| 5 years | £214,911 | +£24,961 | £62,454 | +£14,967 (7.9%) |
| 7 years | £225,791 | +£35,841 | £70,560 | +£23,072 (12.1%) |
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 | £9,137 | £195,648 | £6,133 | £-990 | £4,709 | 7.5% |
| Yr 3 | £9,599 | £207,563 | £6,466 | £-2,472 | £15,142 | 24.3% |
| Yr 5 | £10,085 | £220,204 | £6,816 | £-3,263 | £26,991 | 43.3% |
| Yr 10 | £11,410 | £255,277 | £7,770 | £-1,982 | £63,345 | 101.5% |
| Yr 15 | £12,910 | £295,936 | £8,850 | £4,441 | £110,426 | 177.0% |
| Yr 20 | £14,606 | £343,071 | £10,071 | £16,679 | £169,800 | 272.2% |
| Yr 25 | £16,526 | £397,713 | £11,453 | £35,499 | £243,262 | 389.9% |
| Yr 30 | £18,697 | £461,059 | £13,017 | £61,764 | £332,872 | 533.6% |
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)
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 — East Midlands ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £648 | 4.1% | 2.4% | £-388 | -15.6% |
| Conservative | £709 | 4.5% | 2.9% | £-194 | -3.8% |
| Base | £762 | 4.8% | 3.2% | £-82 | 1.2% |
| Optimistic | £823 | 5.2% | 3.6% | £38 | 6.8% |
| Bull | £899 | 5.7% | 4.1% | £171 | 13.8% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●4.81% |
| Net Yield | ●3.23% |
| Net Annual Income | £6,139 |
| Deductions: void 8% (−£731) · mgmt 10% (−£914) · maint 10% (−£914) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £592 |
| Monthly Cashflow (IO) | ●£-80 |
| Cash-on-Cash Return | ●-1.58% |
| 5-Year IRR | ●1.2% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £10,796 |
| SDLT Effective Rate | 5.68% |
| SDLT (Company) | £10,796 |
| Section 24 Extra Tax/yr (higher rate) | £1,425 |
| SPV Annual Saving | £1,501 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £220,204 |
| Less: Purchase Price | −£189,950 |
| Less: Buying Costs (SDLT + legal) | −£13,396 |
| Less: Selling Costs (est. 2.5%) | −£5,505 |
| = CGT Net Gain (5yr) | £11,353 |
| CGT at 24% | £2,005 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £648 | 4.1% | 2.4% | £-388 | -15.6% |
| Conservative | £709 | 4.5% | 2.9% | £-194 | -3.8% |
| Base | £762 | 4.8% | 3.2% | £-82 | 1.2% |
| Optimistic | £823 | 5.2% | 3.6% | £38 | 6.8% |
| Bull | £899 | 5.7% | 4.1% | £171 | 13.8% |
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