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Flat · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 18% below the comparable sales mean — limited negotiation margin. Strong value at current asking price.
🔨 Refurb Cost Estimate
AI condition score: 7/10 · North East rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £1,550 |
| Bathroom | £1,150 |
| Living Room | £650 |
| Master Bedroom | £800 |
| Bedroom 2 | £800 |
| Entrance Hall | £200 |
| Total Estimated Refurb | £4,250 |
⚠ 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
- £66,000
- Property Type
- Flat
- Bedrooms
- 2
- Bathrooms
- N/A
- Occupancy
- 🔒 Currently Tenanted
- Floor Area
- 600–700 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
🔍 Filtered to 2-bedroom comparable sales only.
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| Sector sale 1 | Flat | 2 | — | — | — | — |
| Sector sale 2 | Flat | 2 | — | — | — | — |
| Sector sale 3 | Flat | 2 | — | — | — | — |
| Sector sale 4 | Flat | 2 | — | — | — | — |
| Sector sale 5 | Flat | 2 | — | — | — | — |
| Sector sale 6 | Flat | 2 | — | — | — | — |
■ Above subject ■ Below subject
Based on 6 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 — 2/10Behavioural signals: 69 days on marketTenanted investment
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £206 |
| ICR (actual) | 3.64x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £66,000 |
| Deposit (25% — 75% LTV) | £16,500 |
| SDLT (additional property, 5% surcharge) | £3,300 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £22,799 |
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 | £66,000 | Loan (75% LTV) | £49,500 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £227 |
| Rent needed (1.5×) | £340/mo | Estimated rent | £750/mo |
| Stress ratio | 3.31× (need ≥ 1.5×) +£410 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) | £108,000 |
| 75% remortgage | £81,000 |
| Cash left in deal | £0 (100% recycled) |
| Est. BTL cashflow | +£150/mo |
| Gross margin | +£42,000 |
| Reno cost (est.) | –£4,250 |
| Buy + sell costs | –£8,520 |
| Net profit | +£29,230 (140.9% ROI) |
| SA gross/mo | £1,096 |
| SA net/mo | £814 |
| BTL est./mo | £750 |
| SA vs BTL uplift | +£346/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £71,075 | +£5,075 | £18,511 | +£2,011 (3.0%) |
| 5 years | £74,673 | +£8,673 | £21,191 | +£4,691 (7.1%) |
| 7 years | £78,453 | +£12,453 | £24,008 | +£7,508 (11.4%) |
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 | £9,002 | £67,980 | £6,037 | £3,562 | £5,542 | 23.2% |
| Yr 3 | £9,458 | £72,120 | £6,365 | £11,175 | £17,295 | 72.4% |
| Yr 5 | £9,937 | £76,512 | £6,710 | £19,470 | £29,982 | 125.4% |
| Yr 10 | £11,243 | £88,698 | £7,650 | £43,417 | £66,116 | 276.6% |
| Yr 15 | £12,720 | £102,826 | £8,714 | £72,430 | £109,256 | 457.1% |
| Yr 20 | £14,392 | £119,203 | £9,917 | £107,174 | £160,377 | 671.0% |
| Yr 25 | £16,283 | £138,189 | £11,279 | £148,401 | £220,591 | 923.0% |
| Yr 30 | £18,423 | £160,199 | £12,819 | £196,965 | £291,165 | 1218.3% |
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 East England ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £638 | 11.6% | 6.9% | £109 | 3.5% |
| Conservative | £698 | 12.7% | 8.2% | £224 | 12.0% |
| Base | £750 | 13.6% | 9.1% | £297 | 15.7% |
| Optimistic | £810 | 14.7% | 10.2% | £377 | 20.0% |
| Bull | £885 | 16.1% | 11.6% | £471 | 25.5% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●13.64% |
| Net Yield | ●9.14% |
| Net Annual Income | £6,035 |
| Deductions: void 8% (−£720) · mgmt 10% (−£900) · maint 10% (−£900) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £206 |
| Monthly Cashflow (IO) | ●£297 |
| Cash-on-Cash Return | ●14.9% |
| 5-Year IRR | ●15.7% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £3,300 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £3,300 |
| Section 24 Extra Tax/yr (higher rate) | £495 |
| SPV Annual Saving | £1,495 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £76,512 |
| Less: Purchase Price | −£66,000 |
| Less: Buying Costs (SDLT + legal) | −£5,900 |
| Less: Selling Costs (est. 2.5%) | −£1,913 |
| = CGT Net Gain (5yr) | £2,699 |
| CGT at 24% | £— |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £638 | 11.6% | 6.9% | £109 | 3.5% |
| Conservative | £698 | 12.7% | 8.2% | £224 | 12.0% |
| Base | £750 | 13.6% | 9.1% | £297 | 15.7% |
| Optimistic | £810 | 14.7% | 10.2% | £377 | 20.0% |
| Bull | £885 | 16.1% | 11.6% | £471 | 25.5% |