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Apartment · 1 bed
Supports major UK property portals
Suggested Offer Range
Already 27% below the comparable sales mean — limited negotiation margin. Strong value at current asking price.
🔨 Refurb Cost Estimate
AI condition score: 6/10 · North West rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £1,700 |
| Bathroom | £1,200 |
| Living Room | £700 |
| Master Bedroom | £1,700 |
| Entrance Hall | £200 |
| Total Estimated Refurb | £4,500 |
⚠ 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 Manchester | Extensions, Roofing & Brickwork | 0161 506 8790 | — |
| decorator | Top Residential Decorators in Manchester | Ever Prime Painters I ... | 07359 772816 | — |
| photographer | Professional Photographer Manchester | +447400925109 | — |
Property Details
- Asking Price
- £125,000
- Property Type
- Apartment
- Bedrooms
- 1
- Bathrooms
- N/A
- Floor Area
- 400–500 sqft
- 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
⚠️ Only 2 comparable sale(s) matched 1 bedrooms; showing all property types for context.
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| Sector sale 1 | Flat | 3 | — | — | — | — |
| Sector sale 2 | Flat | 1 | — | — | — | — |
| Sector sale 3 | Flat | 1 | — | — | — | — |
| Sector sale 4 | Flat | 2 | — | — | — | — |
| Sector sale 5 | Flat | 2 | — | — | — | — |
| Sector sale 6 | Flat | 2 | — | — | — | — |
| Sector sale 7 | Flat | 2 | — | — | — | — |
| Sector sale 8 | Flat | 2 | — | — | — | — |
| Sector sale 9 | Flat | 2 | — | — | — | — |
| Sector sale 10 | Flat | 2 | — | — | — | — |
■ 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 not available from Land Registry records. Comparables are matched by postcode sector and property type only.
Location
Motivated Seller Analysis
Standard — 3/10Behavioural signals: 74 days on marketBelow market value
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £390 |
| ICR (actual) | 2.53x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £125,000 |
| Deposit (25% — 75% LTV) | £31,250 |
| SDLT (additional property, 5% surcharge) | £6,250 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £40,499 |
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 | £125,000 | Loan (75% LTV) | £93,750 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £430 |
| Rent needed (1.5×) | £645/mo | Estimated rent | £985/mo |
| Stress ratio | 2.29× (need ≥ 1.5×) +£340 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) | £180,000 |
| 75% remortgage | £135,000 |
| Cash left in deal | £0 (100% recycled) |
| Est. BTL cashflow | +£78/mo |
| Gross margin | +£55,000 |
| Reno cost (est.) | –£4,500 |
| Buy + sell costs | –£12,550 |
| Net profit | +£37,950 (106.2% ROI) |
| SA gross/mo | £812 |
| SA net/mo | £565 |
| BTL est./mo | £985 |
| SA vs BTL uplift | £-173/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £134,611 | +£9,611 | £35,755 | +£4,505 (3.6%) |
| 5 years | £141,426 | +£16,426 | £40,832 | +£9,582 (7.7%) |
| 7 years | £148,586 | +£23,586 | £46,166 | +£14,916 (11.9%) |
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 | £11,825 | £128,750 | £8,069 | £3,382 | £7,132 | 17.1% |
| Yr 3 | £12,424 | £136,591 | £8,500 | £10,788 | £22,379 | 53.8% |
| Yr 5 | £13,053 | £144,909 | £8,953 | £19,090 | £38,999 | 93.7% |
| Yr 10 | £14,768 | £167,990 | £10,188 | £44,061 | £87,050 | 209.3% |
| Yr 15 | £16,708 | £194,746 | £11,585 | £75,685 | £145,431 | 349.6% |
| Yr 20 | £18,904 | £225,764 | £13,166 | £114,837 | £215,601 | 518.3% |
| Yr 25 | £21,388 | £261,722 | £14,954 | £162,507 | £299,229 | 719.3% |
| Yr 30 | £24,199 | £303,408 | £16,978 | £219,813 | £398,220 | 957.3% |
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 — North West England ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £837 | 8.0% | 4.9% | £-1 | -3.8% |
| Conservative | £916 | 8.8% | 5.8% | £174 | 6.0% |
| Base | £985 | 9.5% | 6.5% | £281 | 10.3% |
| Optimistic | £1,064 | 10.2% | 7.2% | £399 | 15.2% |
| Bull | £1,162 | 11.2% | 8.1% | £534 | 21.4% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●9.46% |
| Net Yield | ●6.45% |
| Net Annual Income | £8,065 |
| Deductions: void 8% (−£946) · mgmt 10% (−£1,182) · maint 10% (−£1,182) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £390 |
| Monthly Cashflow (IO) | ●£282 |
| Cash-on-Cash Return | ●8.12% |
| 5-Year IRR | ●10.3% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £6,250 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £6,250 |
| Section 24 Extra Tax/yr (higher rate) | £938 |
| SPV Annual Saving | £2,001 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £144,909 |
| Less: Purchase Price | −£125,000 |
| Less: Buying Costs (SDLT + legal) | −£8,850 |
| Less: Selling Costs (est. 2.5%) | −£3,623 |
| = CGT Net Gain (5yr) | £7,436 |
| CGT at 24% | £1,065 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £837 | 8.0% | 4.9% | £-1 | -3.8% |
| Conservative | £916 | 8.8% | 5.8% | £174 | 6.0% |
| Base | £985 | 9.5% | 6.5% | £281 | 10.3% |
| Optimistic | £1,064 | 10.2% | 7.2% | £399 | 15.2% |
| Bull | £1,162 | 11.2% | 8.1% | £534 | 21.4% |