🔒 Sign in to view the address
Flat · 2 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 8% above the area median. Offers anchored to area median of £78,000. 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
- £85,000
- Property Type
- Flat
- Bedrooms
- 2
- Bathrooms
- N/A
- Occupancy
- 🔒 Currently Tenanted
- Est. Floor Area
- 700–800 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 | £8,474 | £87,550 | £5,657 | £2,469 | £5,019 | 17.0% |
| Yr 3 | £8,904 | £92,882 | £5,966 | £7,869 | £15,751 | 53.2% |
| Yr 5 | £9,354 | £98,538 | £6,290 | £13,910 | £27,448 | 92.7% |
| Yr 10 | £10,583 | £114,233 | £7,175 | £32,034 | £61,267 | 207.0% |
| Yr 15 | £11,974 | £132,427 | £8,176 | £54,927 | £102,354 | 345.8% |
| Yr 20 | £13,548 | £153,519 | £9,309 | £83,214 | £151,734 | 512.6% |
| Yr 25 | £15,328 | £177,971 | £10,591 | £117,606 | £210,577 | 711.4% |
| Yr 30 | £17,342 | £206,317 | £12,041 | £158,903 | £280,221 | 946.7% |
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 East England ⓘ What are deciles?
📄 Lease Information
Estimated remaining lease: 999 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £600 | 8.5% | 5.0% | £8 | -4.1% |
| Conservative | £657 | 9.3% | 6.0% | £130 | 5.7% |
| Base | £706 | 10.0% | 6.7% | £206 | 9.8% |
| Optimistic | £762 | 10.8% | 7.4% | £288 | 14.6% |
| Bull | £833 | 11.8% | 8.4% | £384 | 20.7% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●9.97% |
| Net Yield | ●6.65% |
| Net Annual Income | £5,655 |
| Deductions: void 8% (−£678) · mgmt 10% (−£847) · maint 10% (−£847) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £265 |
| Monthly Cashflow (IO) | ●£206 |
| Cash-on-Cash Return | ●8.34% |
| 5-Year IRR | ●9.8% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £4,250 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £4,250 |
| Section 24 Extra Tax/yr (higher rate) | £638 |
| SPV Annual Saving | £1,457 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £98,538 |
| Less: Purchase Price | −£85,000 |
| Less: Buying Costs (SDLT + legal) | −£6,850 |
| Less: Selling Costs (est. 2.5%) | −£2,463 |
| = CGT Net Gain (5yr) | £4,225 |
| CGT at 24% | £294 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £600 | 8.5% | 5.0% | £8 | -4.1% |
| Conservative | £657 | 9.3% | 6.0% | £130 | 5.7% |
| Base | £706 | 10.0% | 6.7% | £206 | 9.8% |
| Optimistic | £762 | 10.8% | 7.4% | £288 | 14.6% |
| Bull | £833 | 11.8% | 8.4% | £384 | 20.7% |
Run the numbers on this deal
Use our free Rental Yield Calculator to calculate gross yield, net yield, monthly cash flow, and mortgage stress tests.
Calculate Rental Yield →