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Apartment · 2 bed
Supports major UK property portals
Suggested Offer Range
Close to area median. Standard 3–10% negotiation range. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 Refurb Cost Estimate
AI condition score: 6/10 · East Midlands rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £1,750 |
| Bathroom | £1,250 |
| Living Room | £800 |
| Master Bedroom | £900 |
| Bedroom 2 | £900 |
| Entrance Hall | £200 |
| Total Estimated Refurb | £4,750 |
⚠ 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 | Builders in Leicester | Renovations, New Homes, Construction | 07795 322 737 | — |
| decorator | Painters and Decorators Leicester | Commercial & Domestic | 0116 4785346 | — |
| photographer | ZigZag Photography Leicester | 0116 2700995 | — |
Property Details
- Asking Price
- £115,000
- 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 | £10,718 | £118,450 | £7,272 | £2,959 | £6,409 | 16.6% |
| Yr 3 | £11,261 | £125,664 | £7,663 | £9,462 | £20,126 | 52.1% |
| Yr 5 | £11,831 | £133,317 | £8,073 | £16,775 | £35,092 | 90.9% |
| Yr 10 | £13,385 | £154,550 | £9,192 | £38,881 | £78,431 | 203.2% |
| Yr 15 | £15,144 | £179,166 | £10,459 | £67,017 | £131,184 | 339.9% |
| Yr 20 | £17,134 | £207,703 | £11,892 | £101,977 | £194,680 | 504.4% |
| Yr 25 | £19,386 | £240,784 | £13,513 | £144,657 | £270,441 | 700.6% |
| Yr 30 | £21,933 | £279,135 | £15,347 | £196,070 | £360,206 | 933.2% |
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?
📄 Lease Information
Estimated remaining lease: 104 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £759 | 7.9% | 4.8% | £-11 | -4.5% |
| Conservative | £830 | 8.7% | 5.7% | £149 | 5.4% |
| Base | £893 | 9.3% | 6.3% | £247 | 9.7% |
| Optimistic | £964 | 10.1% | 7.1% | £353 | 14.6% |
| Bull | £1,054 | 11.0% | 8.0% | £476 | 20.8% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●9.32% |
| Net Yield | ●6.32% |
| Net Annual Income | £7,271 |
| Deductions: void 8% (−£857) · mgmt 10% (−£1,072) · maint 10% (−£1,072) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £359 |
| Monthly Cashflow (IO) | ●£247 |
| Cash-on-Cash Return | ●7.66% |
| 5-Year IRR | ●9.7% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £5,750 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £5,750 |
| Section 24 Extra Tax/yr (higher rate) | £862 |
| SPV Annual Saving | £1,827 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £133,317 |
| Less: Purchase Price | −£115,000 |
| Less: Buying Costs (SDLT + legal) | −£8,350 |
| Less: Selling Costs (est. 2.5%) | −£3,333 |
| = CGT Net Gain (5yr) | £6,634 |
| CGT at 24% | £872 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £759 | 7.9% | 4.8% | £-11 | -4.5% |
| Conservative | £830 | 8.7% | 5.7% | £149 | 5.4% |
| Base | £893 | 9.3% | 6.3% | £247 | 9.7% |
| Optimistic | £964 | 10.1% | 7.1% | £353 | 14.6% |
| Bull | £1,054 | 11.0% | 8.0% | £476 | 20.8% |
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