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Detached · 3 bed
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Suggested Offer Range
Already 10% below the comparable sales mean — some negotiation possible but limited margin.
🔨 Refurb Cost Estimate
Refurb cost estimate pending — this listing hasn't been through cost analysis yet. Runs nightly; check back within 24–48 hours.
🔧 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
- £245,000
- Property Type
- Detached
- Bedrooms
- 3
- Bathrooms
- N/A
- Est. Floor Area
- 1,000–1,100 sqft (est.)
- 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 2-4-bedroom comparable sales only.
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| Sector sale 1 | Detached | 3 | — | — | — | — |
| Sector sale 2 | Detached | 3 | — | — | — | — |
| Sector sale 3 | Detached | 2 | — | — | — | — |
| Sector sale 4 | Detached | 4 | — | — | — | — |
| Sector sale 5 | Detached | 2 | — | — | — | — |
| Sector sale 6 | Detached | 3 | — | — | — | — |
| Sector sale 7 | Detached | 2 | — | — | — | — |
| Sector sale 8 | Detached | 2 | — | — | — | — |
| Sector sale 9 | Detached | 3 | — | — | — | — |
| Sector sale 10 | Detached | 4 | — | — | — | — |
■ Above subject ■ Below subject
Based on 10 comparable sales — Full Range (grey) · Typical IQR (blue) · Fair Value CI (light blue) · | Median · | Mean · Asking (▲)
ⓘ Bedroom counts are estimated from EPC records or floor area, since Land Registry sales don’t record bedrooms directly.
Location
Motivated Seller Analysis
Standard — 3/10Behavioural signals: 72 days on marketBelow market value
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £764 |
| ICR (actual) | 1.14x |
| Feasibility | REFER |
| Notes: Rental coverage 81% — below 100% stressed coverage, most lenders will decline | |
| 💲 Total Cash Required | |
| Purchase Price | £245,000 |
| Deposit (25% — 75% LTV) | £61,250 |
| SDLT (additional property, 5% surcharge) | £14,650 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £78,899 |
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 | £245,000 | Loan (75% LTV) | £183,750 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £842 |
| Rent needed (1.5×) | £1,263/mo | Estimated rent | £872/mo |
| Stress ratio | 1.04× (need ≥ 1.5×) £391 shortfall | ||
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 |
| Cash left in deal | Unknown |
| SA gross/mo | £966 |
| SA net/mo | £700 |
| BTL est./mo | £872 |
| SA vs BTL uplift | +£94/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £263,838 | +£18,838 | £70,829 | +£9,579 (3.9%) |
| 5 years | £277,195 | +£32,195 | £80,780 | +£19,530 (8.0%) |
| 7 years | £291,228 | +£46,228 | £91,235 | +£29,985 (12.2%) |
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 | £10,461 | £252,350 | £7,087 | £-2,100 | £5,250 | 6.6% |
| Yr 3 | £10,991 | £267,718 | £7,469 | £-5,731 | £16,987 | 21.2% |
| Yr 5 | £11,548 | £284,022 | £7,869 | £-8,570 | £30,452 | 38.1% |
| Yr 10 | £13,065 | £329,260 | £8,962 | £-11,938 | £72,322 | 90.4% |
| Yr 15 | £14,782 | £381,702 | £10,198 | £-9,419 | £127,283 | 159.1% |
| Yr 20 | £16,724 | £442,497 | £11,596 | £-240 | £197,257 | 246.6% |
| Yr 25 | £18,922 | £512,976 | £13,179 | £16,473 | £284,449 | 355.6% |
| Yr 30 | £21,408 | £594,679 | £14,969 | £41,712 | £391,392 | 489.2% |
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 | £741 | 3.6% | 2.2% | £-551 | -16.8% |
| Conservative | £811 | 4.0% | 2.6% | £-312 | -4.8% |
| Base | £872 | 4.3% | 2.9% | £-175 | 0.3% |
| Optimistic | £942 | 4.6% | 3.2% | £-29 | 5.9% |
| Bull | £1,029 | 5.0% | 3.6% | £132 | 13.0% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●4.27% |
| Net Yield | ●2.89% |
| Net Annual Income | £7,089 |
| Deductions: void 8% (−£837) · mgmt 10% (−£1,046) · maint 10% (−£1,046) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £764 |
| Monthly Cashflow (IO) | ●£-173 |
| Cash-on-Cash Return | ●-2.62% |
| 5-Year IRR | ●0.3% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £14,650 |
| SDLT Effective Rate | 5.98% |
| SDLT (Company) | £14,650 |
| Section 24 Extra Tax/yr (higher rate) | £1,511 |
| SPV Annual Saving | £1,511 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £284,022 |
| Less: Purchase Price | −£245,000 |
| Less: Buying Costs (SDLT + legal) | −£17,250 |
| Less: Selling Costs (est. 2.5%) | −£7,101 |
| = CGT Net Gain (5yr) | £14,671 |
| CGT at 24% | £2,801 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £741 | 3.6% | 2.2% | £-551 | -16.8% |
| Conservative | £811 | 4.0% | 2.6% | £-312 | -4.8% |
| Base | £872 | 4.3% | 2.9% | £-175 | 0.3% |
| Optimistic | £942 | 4.6% | 3.2% | £-29 | 5.9% |
| Bull | £1,029 | 5.0% | 3.6% | £132 | 13.0% |
Run the numbers on this deal
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