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Flat · 2 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 7% above the area median. Offers anchored to area median of £65,000. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 Refurb Cost Estimate
AI condition score: 8/10 · North East rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £650 |
| Bathroom | £500 |
| Living Room | £300 |
| Master Bedroom | £350 |
| Bedroom 2 | £350 |
| Entrance Hall | £50 |
| Total Estimated Refurb | £1,700 |
⚠ 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 | DP Construction NE Ltd | Builders | Newcastle, UK | 0191 256 6655 | — |
| decorator | Painter & Decorator Newcastle | Gosforth | Jesmond | 0191 284 1798 | — |
| photographer | Geoff Love Photography: Wedding Photographer Newcastle | 04615625410 | — |
Property Details
- Asking Price
- £70,000
- Property Type
- Flat
- 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 | £8,470 | £72,100 | £5,653 | £3,028 | £5,128 | 20.4% |
| Yr 3 | £8,899 | £76,491 | £5,962 | £9,546 | £16,037 | 63.9% |
| Yr 5 | £9,349 | £81,149 | £6,286 | £16,705 | £27,854 | 111.0% |
| Yr 10 | £10,578 | £94,074 | £7,171 | £37,623 | £61,697 | 245.8% |
| Yr 15 | £11,968 | £109,058 | £8,172 | £63,306 | £102,364 | 407.8% |
| Yr 20 | £13,541 | £126,428 | £9,304 | £94,382 | £150,809 | 600.8% |
| Yr 25 | £15,320 | £146,564 | £10,585 | £131,558 | £208,122 | 829.2% |
| Yr 30 | £17,333 | £169,908 | £12,035 | £175,636 | £275,545 | 1097.8% |
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
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● Approved ● Pending ● Refused
🌎 Area Profile — North East England ⓘ What are deciles?
📄 Lease Information
Estimated remaining lease: 963 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £600 | 10.3% | 6.1% | £69 | 0.2% |
| Conservative | £657 | 11.3% | 7.2% | £182 | 9.2% |
| Base | £706 | 12.1% | 8.1% | £252 | 13.1% |
| Optimistic | £762 | 13.1% | 9.0% | £330 | 17.5% |
| Bull | £833 | 14.3% | 10.2% | £421 | 23.2% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●12.1% |
| Net Yield | ●8.08% |
| Net Annual Income | £5,655 |
| Deductions: void 8% (−£678) · mgmt 10% (−£847) · maint 10% (−£847) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £218 |
| Monthly Cashflow (IO) | ●£253 |
| Cash-on-Cash Return | ●12.07% |
| 5-Year IRR | ●13.1% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £3,500 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £3,500 |
| Section 24 Extra Tax/yr (higher rate) | £525 |
| SPV Annual Saving | £1,428 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £81,149 |
| Less: Purchase Price | −£70,000 |
| Less: Buying Costs (SDLT + legal) | −£6,100 |
| Less: Selling Costs (est. 2.5%) | −£2,029 |
| = CGT Net Gain (5yr) | £3,020 |
| CGT at 24% | £5 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £600 | 10.3% | 6.1% | £69 | 0.2% |
| Conservative | £657 | 11.3% | 7.2% | £182 | 9.2% |
| Base | £706 | 12.1% | 8.1% | £252 | 13.1% |
| Optimistic | £762 | 13.1% | 9.0% | £330 | 17.5% |
| Bull | £833 | 14.3% | 10.2% | £421 | 23.2% |
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