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Flat · 2 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 16% above the area median. Offers anchored to area median of £138,000. 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
- £160,000
- Property Type
- Flat
- Bedrooms
- 2
- 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 | £11,904 | £164,800 | £8,126 | £2,126 | £6,926 | 13.1% |
| Yr 3 | £12,507 | £174,836 | £8,560 | £7,026 | £21,862 | 41.4% |
| Yr 5 | £13,140 | £185,484 | £9,016 | £12,826 | £38,310 | 72.6% |
| Yr 10 | £14,866 | £215,027 | £10,259 | £31,573 | £86,599 | 164.0% |
| Yr 15 | £16,820 | £249,275 | £11,665 | £57,017 | £146,292 | 277.1% |
| Yr 20 | £19,030 | £288,978 | £13,257 | £90,040 | £219,018 | 414.8% |
| Yr 25 | £21,531 | £335,004 | £15,057 | £131,637 | £306,642 | 580.8% |
| Yr 30 | £24,360 | £388,362 | £17,095 | £182,935 | £411,297 | 779.0% |
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: 89 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £843 | 6.3% | 3.8% | £-139 | -8.7% |
| Conservative | £923 | 6.9% | 4.6% | £59 | 1.9% |
| Base | £992 | 7.4% | 5.1% | £177 | 6.5% |
| Optimistic | £1,071 | 8.0% | 5.7% | £306 | 11.6% |
| Bull | £1,171 | 8.8% | 6.4% | £453 | 18.2% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●7.44% |
| Net Yield | ●5.08% |
| Net Annual Income | £8,126 |
| Deductions: void 8% (−£952) · mgmt 10% (−£1,190) · maint 10% (−£1,190) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £499 |
| Monthly Cashflow (IO) | ●£178 |
| Cash-on-Cash Return | ●4.03% |
| 5-Year IRR | ●6.5% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £8,700 |
| SDLT Effective Rate | 5.44% |
| SDLT (Company) | £8,700 |
| Section 24 Extra Tax/yr (higher rate) | £1,200 |
| SPV Annual Saving | £2,077 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £185,484 |
| Less: Purchase Price | −£160,000 |
| Less: Buying Costs (SDLT + legal) | −£11,300 |
| Less: Selling Costs (est. 2.5%) | −£4,637 |
| = CGT Net Gain (5yr) | £9,547 |
| CGT at 24% | £1,571 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £843 | 6.3% | 3.8% | £-139 | -8.7% |
| Conservative | £923 | 6.9% | 4.6% | £59 | 1.9% |
| Base | £992 | 7.4% | 5.1% | £177 | 6.5% |
| Optimistic | £1,071 | 8.0% | 5.7% | £306 | 11.6% |
| Bull | £1,171 | 8.8% | 6.4% | £453 | 18.2% |
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