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Flat · 3 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 31% above the area median. Offers anchored to area median of £146,000. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 Refurb Cost Estimate
AI condition score: 6/10 · North East rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £1,550 |
| Bathroom | £1,150 |
| Living Room | £650 |
| Master Bedroom | £550 |
| Bedroom 2 | £550 |
| Bedroom 3 | £550 |
| 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
- £191,000
- Property Type
- Flat
- Bedrooms
- 3
- Bathrooms
- N/A
- Floor Area
- 700–800 sqft
- 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 | £14,115 | £196,730 | £9,718 | £2,555 | £8,285 | 13.2% |
| Yr 3 | £14,829 | £208,711 | £10,232 | £8,434 | £26,145 | 41.7% |
| Yr 5 | £15,580 | £221,421 | £10,773 | £15,381 | £45,802 | 73.0% |
| Yr 10 | £17,628 | £256,688 | £12,247 | £37,782 | £103,470 | 165.0% |
| Yr 15 | £19,944 | £297,572 | £13,915 | £68,125 | £174,697 | 278.5% |
| Yr 20 | £22,565 | £344,967 | £15,802 | £107,453 | £261,421 | 416.8% |
| Yr 25 | £25,530 | £399,912 | £17,937 | £156,949 | £365,860 | 583.3% |
| Yr 30 | £28,885 | £463,607 | £20,352 | £217,946 | £490,553 | 782.1% |
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: 103 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,000 | 6.3% | 3.8% | £-163 | -8.6% |
| Conservative | £1,094 | 6.9% | 4.6% | £72 | 2.0% |
| Base | £1,176 | 7.4% | 5.1% | £213 | 6.6% |
| Optimistic | £1,270 | 8.0% | 5.7% | £366 | 11.7% |
| Bull | £1,388 | 8.7% | 6.4% | £540 | 18.3% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●7.39% |
| Net Yield | ●5.09% |
| Net Annual Income | £9,716 |
| Deductions: void 8% (−£1,129) · mgmt 10% (−£1,411) · maint 10% (−£1,411) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £596 |
| Monthly Cashflow (IO) | ●£214 |
| Cash-on-Cash Return | ●4.07% |
| 5-Year IRR | ●6.6% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £10,870 |
| SDLT Effective Rate | 5.69% |
| SDLT (Company) | £10,870 |
| Section 24 Extra Tax/yr (higher rate) | £1,432 |
| SPV Annual Saving | £2,445 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £221,421 |
| Less: Purchase Price | −£191,000 |
| Less: Buying Costs (SDLT + legal) | −£13,470 |
| Less: Selling Costs (est. 2.5%) | −£5,536 |
| = CGT Net Gain (5yr) | £11,415 |
| CGT at 24% | £2,020 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,000 | 6.3% | 3.8% | £-163 | -8.6% |
| Conservative | £1,094 | 6.9% | 4.6% | £72 | 2.0% |
| Base | £1,176 | 7.4% | 5.1% | £213 | 6.6% |
| Optimistic | £1,270 | 8.0% | 5.7% | £366 | 11.7% |
| Bull | £1,388 | 8.7% | 6.4% | £540 | 18.3% |
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