Lyndhurst Road, North Seaton, Northumberland
Flat · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 12.5% below the comparable sales mean — some negotiation possible but limited margin. Note: listed as "Offers Over" — vendor expects full asking price or above.
Property Details
- Asking Price
- £65,000
- Property Type
- Flat
- Bedrooms
- 2
- Bathrooms
- N/A
- Floor Area
- 570 sqft
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
This listing is priced below the postcode sector benchmark.
Motivated Seller Analysis
Watch — 5/10Behavioural signals: Below market value
Matched signals:
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £203 |
| ICR (actual) | 2.96x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £65,000 |
| Deposit (25% — 75% LTV) | £16,250 |
| SDLT (additional property, 5% surcharge) | £3,250 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £22,499 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
| Purchase price | £65,000 | Loan (75% LTV) | £48,750 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £223 |
| Rent needed (1.5×) | £335/mo | Estimated rent | £599/mo |
| Stress ratio | 2.68× (need ≥ 1.5×) +£264 surplus | ||
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 (local Land Registry HPI). Assumes 75% LTV interest-only mortgage redeemed on sale. Excludes rental income.
| Est. reno cost | Unknown — score listing |
| Cash left in deal | Unknown |
| SA gross/mo | £1,284 |
| SA net/mo | £980 |
| BTL est./mo | £599 |
| SA vs BTL uplift | +£685/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £69,998 | +£4,998 | £18,218 | +£1,968 (3.0%) |
| 5 years | £73,542 | +£8,542 | £20,858 | +£4,608 (7.1%) |
| 7 years | £77,265 | +£12,265 | £23,632 | +£7,382 (11.4%) |
Projections: 2.5% pa HPI, 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 | £7,189 | £66,950 | £4,731 | £2,294 | £4,244 | 18.0% |
| Yr 3 | £7,553 | £71,027 | £4,993 | £7,272 | £13,299 | 56.4% |
| Yr 5 | £7,935 | £75,353 | £5,268 | £12,795 | £23,147 | 98.1% |
| Yr 10 | £8,978 | £87,355 | £6,019 | £29,165 | £51,519 | 218.3% |
| Yr 15 | £10,158 | £101,268 | £6,869 | £49,580 | £85,847 | 363.8% |
| Yr 20 | £11,493 | £117,397 | £7,830 | £74,571 | £126,968 | 538.0% |
| Yr 25 | £13,003 | £136,096 | £8,917 | £104,741 | £175,836 | 745.1% |
| Yr 30 | £14,712 | £157,772 | £10,147 | £140,769 | £233,541 | 989.6% |
ROI on Total Cash Invested (deposit + SDLT + acquisition costs). Assumes IO mortgage, no tax, no refinancing. Actual returns will vary.
🌎 Area Profile — NE63 8 ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £509 | 9.4% | 5.4% | £30 | -2.8% |
| Conservative | £557 | 10.3% | 6.5% | £129 | 6.6% |
| Base | £599 | 11.1% | 7.3% | £191 | 10.6% |
| Optimistic | £647 | 11.9% | 8.2% | £259 | 15.1% |
| Bull | £707 | 13.0% | 9.2% | £338 | 21.0% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●11.06% |
| Net Yield | ●7.28% |
| Net Annual Income | £4,730 |
| Deductions: void 8% (−£575) · mgmt 10% (−£719) · maint 10% (−£719) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £203 |
| Monthly Cashflow (IO) | ●£191 |
| Cash-on-Cash Return | ●9.71% |
| 5-Year IRR | ●10.6% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £3,250 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £3,250 |
| Section 24 Extra Tax/yr (higher rate) | £488 |
| SPV Annual Saving | £1,240 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £75,353 |
| Less: Purchase Price | −£65,000 |
| Less: Buying Costs (SDLT + legal) | −£5,850 |
| Less: Selling Costs (est. 2.5%) | −£1,884 |
| = CGT Net Gain (5yr) | £2,619 |
| CGT at 24% | £— |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £509 | 9.4% | 5.4% | £30 | -2.8% |
| Conservative | £557 | 10.3% | 6.5% | £129 | 6.6% |
| Base | £599 | 11.1% | 7.3% | £191 | 10.6% |
| Optimistic | £647 | 11.9% | 8.2% | £259 | 15.1% |
| Bull | £707 | 13.0% | 9.2% | £338 | 21.0% |