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Apartment · 2 bed
Supports major UK property portals
Suggested Offer Range
Close to area median. Standard 3–10% negotiation range. 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
- £157,500
- Property Type
- Apartment
- Bedrooms
- 2
- Bathrooms
- N/A
- 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 | £11,907 | £162,225 | £8,128 | £2,222 | £6,947 | 13.4% |
| Yr 3 | £12,510 | £172,105 | £8,562 | £7,314 | £21,918 | 42.2% |
| Yr 5 | £13,143 | £182,586 | £9,018 | £13,306 | £38,392 | 73.8% |
| Yr 10 | £14,870 | £211,667 | £10,262 | £32,535 | £86,701 | 166.7% |
| Yr 15 | £16,824 | £245,380 | £11,668 | £58,462 | £146,342 | 281.4% |
| Yr 20 | £19,035 | £284,463 | £13,260 | £91,970 | £218,933 | 421.0% |
| Yr 25 | £21,536 | £329,770 | £15,061 | £134,055 | £306,325 | 589.1% |
| Yr 30 | £24,367 | £382,294 | £17,099 | £185,842 | £410,636 | 789.7% |
ROI on Total Cash Invested (deposit + SDLT + acquisition costs). Assumes IO mortgage, no tax, no refinancing. Actual returns will vary.
🌎 Area Profile — North East England ⓘ What are deciles?
📄 Lease Information
Estimated remaining lease: 84 years. Below 85 years — approaching mortgage threshold; consider a lease extension.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £843 | 6.4% | 3.9% | £-129 | -8.4% |
| Conservative | £923 | 7.0% | 4.6% | £67 | 2.2% |
| Base | £992 | 7.6% | 5.2% | £185 | 6.7% |
| Optimistic | £1,071 | 8.2% | 5.8% | £313 | 11.8% |
| Bull | £1,171 | 8.9% | 6.5% | £459 | 18.4% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●7.56% |
| Net Yield | ●5.16% |
| Net Annual Income | £8,126 |
| Deductions: void 8% (−£953) · mgmt 10% (−£1,191) · maint 10% (−£1,191) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £491 |
| Monthly Cashflow (IO) | ●£186 |
| Cash-on-Cash Return | ●4.27% |
| 5-Year IRR | ●6.7% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £8,525 |
| SDLT Effective Rate | 5.41% |
| SDLT (Company) | £8,525 |
| Section 24 Extra Tax/yr (higher rate) | £1,181 |
| SPV Annual Saving | £2,073 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £182,586 |
| Less: Purchase Price | −£157,500 |
| Less: Buying Costs (SDLT + legal) | −£11,125 |
| Less: Selling Costs (est. 2.5%) | −£4,565 |
| = CGT Net Gain (5yr) | £9,396 |
| CGT at 24% | £1,535 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £843 | 6.4% | 3.9% | £-129 | -8.4% |
| Conservative | £923 | 7.0% | 4.6% | £67 | 2.2% |
| Base | £992 | 7.6% | 5.2% | £185 | 6.7% |
| Optimistic | £1,071 | 8.2% | 5.8% | £313 | 11.8% |
| Bull | £1,171 | 8.9% | 6.5% | £459 | 18.4% |
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