Russell Street, Jarrow, NE32
Terraced · 3 bed
Supports major UK property portals
Suggested Offer Range
Already 51.5% below the comparable sales mean — limited negotiation margin. Strong value at current asking price. Note: listed as "Offers Over" — vendor expects full asking price or above.
Property Details
- Asking Price
- £72,000
- Property Type
- Terraced
- Bedrooms
- 3
- Bathrooms
- N/A
- Occupancy
- 🔒 Currently Tenanted
- Est. Floor Area
- 1152 sqft (est.)
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
This listing is priced below the postcode sector benchmark.
Motivated Seller Analysis
Urgent — 9/10Behavioural signals: 283 days on marketBelow market valueTenanted investment
Matched signals:
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £225 |
| ICR (actual) | 3.34x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £72,000 |
| Deposit (25% — 75% LTV) | £18,000 |
| SDLT (additional property, 5% surcharge) | £3,600 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £24,599 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
| Purchase price | £72,000 | Loan (75% LTV) | £54,000 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £248 |
| Rent needed (1.5×) | £371/mo | Estimated rent | £749/mo |
| Stress ratio | 3.03× (need ≥ 1.5×) +£378 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 | £1,154 |
| SA net/mo | £866 |
| BTL est./mo | £749 |
| SA vs BTL uplift | +£405/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £77,536 | +£5,536 | £20,264 | +£2,264 (3.1%) |
| 5 years | £81,461 | +£9,461 | £23,189 | +£5,189 (7.2%) |
| 7 years | £85,585 | +£13,585 | £26,261 | +£8,261 (11.5%) |
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 | £8,986 | £74,160 | £6,025 | £3,325 | £5,485 | 21.3% |
| Yr 3 | £9,440 | £78,676 | £6,352 | £10,463 | £17,140 | 66.7% |
| Yr 5 | £9,918 | £83,468 | £6,696 | £18,282 | £29,749 | 115.8% |
| Yr 10 | £11,222 | £96,762 | £7,635 | £41,032 | £65,794 | 256.0% |
| Yr 15 | £12,696 | £112,174 | £8,696 | £68,838 | £109,012 | 424.2% |
| Yr 20 | £14,365 | £130,040 | £9,898 | £102,365 | £160,405 | 624.1% |
| Yr 25 | £16,252 | £150,752 | £11,257 | £142,363 | £221,115 | 860.4% |
| Yr 30 | £18,388 | £174,763 | £12,795 | £189,684 | £292,447 | 1137.9% |
ROI on Total Cash Invested (deposit + SDLT + acquisition costs). Assumes IO mortgage, no tax, no refinancing. Actual returns will vary.
🌎 Area Profile — NE32 5 ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £637 | 10.6% | 6.3% | £84 | 1.3% |
| Conservative | £697 | 11.6% | 7.5% | £203 | 10.1% |
| Base | £749 | 12.5% | 8.4% | £277 | 14.0% |
| Optimistic | £809 | 13.5% | 9.4% | £359 | 18.4% |
| Bull | £884 | 14.7% | 10.6% | £455 | 24.1% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●12.48% |
| Net Yield | ●8.37% |
| Net Annual Income | £6,026 |
| Deductions: void 8% (−£719) · mgmt 10% (−£899) · maint 10% (−£899) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £225 |
| Monthly Cashflow (IO) | ●£277 |
| Cash-on-Cash Return | ●12.94% |
| 5-Year IRR | ●14.0% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £3,600 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £3,600 |
| Section 24 Extra Tax/yr (higher rate) | £540 |
| SPV Annual Saving | £1,504 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £83,468 |
| Less: Purchase Price | −£72,000 |
| Less: Buying Costs (SDLT + legal) | −£6,200 |
| Less: Selling Costs (est. 2.5%) | −£2,087 |
| = CGT Net Gain (5yr) | £3,181 |
| CGT at 24% | £43 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £637 | 10.6% | 6.3% | £84 | 1.3% |
| Conservative | £697 | 11.6% | 7.5% | £203 | 10.1% |
| Base | £749 | 12.5% | 8.4% | £277 | 14.0% |
| Optimistic | £809 | 13.5% | 9.4% | £359 | 18.4% |
| Bull | £884 | 14.7% | 10.6% | £455 | 24.1% |