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Detached Bungalow · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 49% below the area median — limited negotiation margin. Strong value at current asking price. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 Refurb Cost Estimate
AI condition score: 6/10 · North West rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £1,600 |
| Bathroom | £1,200 |
| Living Room | £700 |
| Hallway / Stairs | £250 |
| Master Bedroom | £850 |
| Bedroom 2 | £850 |
| 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
- £230,000
- Property Type
- Detached Bungalow
- Bedrooms
- 2
- Bathrooms
- N/A
- Est. Floor Area
- 1,200–1,300 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 | £12,926 | £236,900 | £8,862 | £237 | £7,137 | 9.5% |
| Yr 3 | £13,580 | £251,327 | £9,333 | £1,414 | £22,741 | 30.2% |
| Yr 5 | £14,268 | £266,633 | £9,828 | £3,569 | £40,202 | 53.5% |
| Yr 10 | £16,143 | £309,101 | £11,178 | £13,567 | £92,668 | 123.2% |
| Yr 15 | £18,264 | £358,333 | £12,705 | £30,837 | £159,170 | 211.7% |
| Yr 20 | £20,664 | £415,406 | £14,433 | £56,337 | £241,743 | 321.5% |
| Yr 25 | £23,380 | £481,569 | £16,388 | £91,147 | £342,716 | 455.7% |
| Yr 30 | £26,452 | £558,270 | £18,600 | £136,490 | £464,761 | 618.0% |
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 — North West England ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £916 | 4.8% | 2.9% | £-376 | -13.1% |
| Conservative | £1,003 | 5.2% | 3.5% | £-126 | -1.8% |
| Base | £1,078 | 5.6% | 3.9% | £20 | 3.0% |
| Optimistic | £1,164 | 6.1% | 4.3% | £178 | 8.5% |
| Bull | £1,272 | 6.6% | 4.9% | £355 | 15.4% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●5.62% |
| Net Yield | ●3.86% |
| Net Annual Income | £8,869 |
| Deductions: void 8% (−£1,034) · mgmt 10% (−£1,293) · maint 10% (−£1,293) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £717 |
| Monthly Cashflow (IO) | ●£22 |
| Cash-on-Cash Return | ●0.32% |
| 5-Year IRR | ●3.0% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £13,600 |
| SDLT Effective Rate | 5.91% |
| SDLT (Company) | £13,600 |
| Section 24 Extra Tax/yr (higher rate) | £1,725 |
| SPV Annual Saving | £2,354 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £266,633 |
| Less: Purchase Price | −£230,000 |
| Less: Buying Costs (SDLT + legal) | −£16,200 |
| Less: Selling Costs (est. 2.5%) | −£6,666 |
| = CGT Net Gain (5yr) | £13,767 |
| CGT at 24% | £2,584 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £916 | 4.8% | 2.9% | £-376 | -13.1% |
| Conservative | £1,003 | 5.2% | 3.5% | £-126 | -1.8% |
| Base | £1,078 | 5.6% | 3.9% | £20 | 3.0% |
| Optimistic | £1,164 | 6.1% | 4.3% | £178 | 8.5% |
| Bull | £1,272 | 6.6% | 4.9% | £355 | 15.4% |
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