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Apartment · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 18% below the area median — limited negotiation margin. Strong value at current asking price. 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
- £130,000
- Property Type
- Apartment
- Bedrooms
- 2
- Bathrooms
- N/A
- Floor Area
- 600–700 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 | £11,908 | £133,900 | £8,129 | £3,254 | £7,154 | 16.6% |
| Yr 3 | £12,511 | £142,055 | £8,563 | £10,410 | £22,464 | 52.0% |
| Yr 5 | £13,144 | £150,706 | £9,019 | £18,466 | £39,172 | 90.7% |
| Yr 10 | £14,871 | £174,709 | £10,262 | £42,855 | £87,564 | 202.7% |
| Yr 15 | £16,826 | £202,536 | £11,669 | £73,944 | £146,480 | 339.1% |
| Yr 20 | £19,037 | £234,794 | £13,261 | £112,614 | £217,408 | 503.3% |
| Yr 25 | £21,538 | £272,191 | £15,063 | £159,860 | £302,052 | 699.2% |
| Yr 30 | £24,369 | £315,544 | £17,100 | £216,811 | £402,355 | 931.4% |
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 | £843 | 7.8% | 4.7% | £-17 | -4.5% |
| Conservative | £923 | 8.5% | 5.6% | £162 | 5.4% |
| Base | £992 | 9.2% | 6.3% | £271 | 9.7% |
| Optimistic | £1,071 | 9.9% | 7.0% | £390 | 14.6% |
| Bull | £1,171 | 10.8% | 7.9% | £528 | 20.9% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●9.16% |
| Net Yield | ●6.25% |
| 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 | £405 |
| Monthly Cashflow (IO) | ●£272 |
| Cash-on-Cash Return | ●7.53% |
| 5-Year IRR | ●9.7% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £6,600 |
| SDLT Effective Rate | 5.08% |
| SDLT (Company) | £6,600 |
| Section 24 Extra Tax/yr (higher rate) | £975 |
| SPV Annual Saving | £2,021 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £150,706 |
| Less: Purchase Price | −£130,000 |
| Less: Buying Costs (SDLT + legal) | −£9,200 |
| Less: Selling Costs (est. 2.5%) | −£3,768 |
| = CGT Net Gain (5yr) | £7,738 |
| CGT at 24% | £1,137 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £843 | 7.8% | 4.7% | £-17 | -4.5% |
| Conservative | £923 | 8.5% | 5.6% | £162 | 5.4% |
| Base | £992 | 9.2% | 6.3% | £271 | 9.7% |
| Optimistic | £1,071 | 9.9% | 7.0% | £390 | 14.6% |
| Bull | £1,171 | 10.8% | 7.9% | £528 | 20.9% |
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