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Apartment · 2 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 41% above the area median. Offers anchored to area median of £113,000. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 Refurb Cost Estimate
AI condition score: 8/10 · East 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 | |
|---|---|---|---|
| decorator | Derby House Painter & Decorator, Derby, DE1 2AW | 07441 425139 | — |
| photographer | Lianne Harrison Photography - Derby | 06195004180 | — |
Property Details
- Asking Price
- £160,000
- Property Type
- Apartment
- Bedrooms
- 2
- Bathrooms
- N/A
- Est. Floor Area
- 600–700 sqft (est.)
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
📈 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 | £9,136 | £164,800 | £6,133 | £133 | £4,933 | 9.3% |
| Yr 3 | £9,599 | £174,836 | £6,466 | £896 | £15,733 | 29.8% |
| Yr 5 | £10,084 | £185,484 | £6,816 | £2,351 | £27,835 | 52.7% |
| Yr 10 | £11,410 | £215,027 | £7,770 | £9,245 | £64,272 | 121.7% |
| Yr 15 | £12,909 | £249,275 | £8,849 | £21,280 | £110,555 | 209.4% |
| Yr 20 | £14,605 | £288,978 | £10,071 | £39,131 | £168,109 | 318.4% |
| Yr 25 | £16,525 | £335,004 | £11,453 | £63,562 | £238,567 | 451.8% |
| Yr 30 | £18,696 | £388,362 | £13,016 | £95,438 | £323,800 | 613.3% |
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 | 4.9% | 2.9% | £-266 | -13.3% |
| Conservative | £709 | 5.3% | 3.4% | £-91 | -1.9% |
| Base | £762 | 5.7% | 3.8% | £12 | 2.9% |
| Optimistic | £823 | 6.2% | 4.3% | £122 | 8.3% |
| Bull | £899 | 6.7% | 4.8% | £246 | 15.1% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●5.71% |
| Net Yield | ●3.84% |
| Net Annual Income | £6,139 |
| Deductions: void 8% (−£731) · mgmt 10% (−£914) · maint 10% (−£914) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £499 |
| Monthly Cashflow (IO) | ●£13 |
| Cash-on-Cash Return | ●0.26% |
| 5-Year IRR | ●2.9% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £8,700 |
| SDLT Effective Rate | 5.44% |
| SDLT (Company) | £8,700 |
| Section 24 Extra Tax/yr (higher rate) | £1,200 |
| SPV Annual Saving | £1,691 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £185,484 |
| Less: Purchase Price | −£160,000 |
| Less: Buying Costs (SDLT + legal) | −£11,300 |
| Less: Selling Costs (est. 2.5%) | −£4,637 |
| = CGT Net Gain (5yr) | £9,547 |
| CGT at 24% | £1,571 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £648 | 4.9% | 2.9% | £-266 | -13.3% |
| Conservative | £709 | 5.3% | 3.4% | £-91 | -1.9% |
| Base | £762 | 5.7% | 3.8% | £12 | 2.9% |
| Optimistic | £823 | 6.2% | 4.3% | £122 | 8.3% |
| Bull | £899 | 6.7% | 4.8% | £246 | 15.1% |
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