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Brierley Road, Cowpen Estate, Blyth

Semi-Detached · 3 bed

£90,000
Score: 9.5/10 -47% vs median

Supports major UK property portals

vs Benchmark
-47%
below Sector Median
Est. £/sqft
£108
benchmark £202/sqft
Investment Score
9.5/10
strong opportunity
Days on Market
105
motivated seller signal

Suggested Offer Range

Low offer
£85,500
£4,500 below asking
Target offer
£87,300
£2,700 below asking
High offer
£90,000
At asking price

Already 50.4% below the comparable sales mean — limited negotiation margin. Strong value at current asking price.

Suggested range is based on Land Registry median data and is not financial advice. Always conduct your own due diligence.
📷 No photos available for condition analysis.

Property Details

Asking Price
£90,000
Property Type
Semi-Detached
Bedrooms
3
Bathrooms
N/A
Est. Floor Area
829 sqft (est.)
Article 4 Area
✓ No restriction — SA permitted under PD rights
-47.1% vs Sector Median (n=148 sales)

This listing is priced below the postcode sector benchmark.

Motivated Seller Analysis

Active — 6/10

Behavioural signals: 105 days on marketBelow market value

Matched signals:

investment opportunity no onward chain

💸 Mortgage & Financing

Recommended LTV75.0%
Indicative Rate4.99%
Monthly IO Payment£358
ICR (actual)2.04x
FeasibilityPASS
💲 Total Cash Required
Purchase Price£90,000
Deposit (25% — 75% LTV)£22,500
SDLT (additional property, 5% surcharge)£5,734
Legal fees (est.)£1,500
Survey (est.)£500
Arrangement fee (est.)£999
Total cash required£31,233

Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.

🔄 BRR Refinance Stress Test

✓ Passes stress test Rent covers 2.4x monthly interest — lender likely to approve.
Purchase price £90,000 Loan (75% LTV) £67,500
Rate (IO) 5.5% p.a. Monthly interest £309
Rent needed (1.5×) £464/mo Estimated rent £729/mo
Stress ratio 2.36× (need ≥ 1.5×) +£265 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.

BRRR Strategy
? Score Photos
Est. reno costUnknown — score listing
Cash left in dealUnknown
R2SA / SA Strategy
✓ Viable
SA gross/mo£1,154
SA net/mo£866
BTL est./mo£572
SA vs BTL uplift+£582/mo
Hold Period Est. Sale Price Capital Gain Net Proceeds Total Return
3 years £96,920 +£6,920 £25,526 +£3,026 (3.4%)
5 years £101,827 +£11,827 £29,181 +£6,681 (7.4%)
7 years £106,982 +£16,982 £33,021 +£10,521 (11.7%)
Break-even Horizon
59 months
Medium-term (3–5 years)
Flip Viability
Viable
Comp median: £180,000 — margin: +£90,000

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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Location

Subject property Planning applications

Comparable Sales in NE24 3

Address Type Beds Price £/sqft Date Distance
3, DUNE WALK, NE24 3EZ Semi 3 £162,500 £178 20/03/26 1.34 mi
13, WANSBECK AVENUE, NE24 3LF Semi 2 £190,000 £213 20/03/26 1.14 mi
59, BLAGDON DRIVE, NE24 3NA Semi 1 £155,000 £262 20/03/26 1.43 mi
16, CORNWALL WAY, NE24 3UN Semi 2 £217,000 £255 02/03/26 1.43 mi
28, HEDLEY AVENUE, NE24 3JP Semi 4 £207,000 £149 27/02/26 1.18 mi
25, FARM DRIVE, NE24 3BU Semi 3 £230,000 £251 23/02/26 1.45 mi
16, BROMLEY GARDENS, NE24 3TR Semi 3 £172,500 £186 06/02/26 1.13 mi
41, INGLEBY WAY, NE24 3PD Semi 2 £179,950 £216 28/01/26 1.32 mi
17, EIDER CLOSE, NE24 3QD Semi 2 £180,000 £220 27/01/26 1.54 mi
318, PLESSEY ROAD, NE24 3NH Semi 2 £122,000 £160 20/01/26 0.92 mi

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 not available from Land Registry records. Comparables are matched by postcode sector and property type only.

⚠ Auction Price Estimate — Financial Calculations Updated

All yield, cashflow, SDLT, CGT and mortgage figures on this page are calculated on the estimated effective purchase cost — not the guide price shown above.

Guide price £90,000
Estimated hammer (mid) £108,000 (guide × 1.20 — typical range is +10–35%)
Buyer’s premium (4% + VAT = 4.8%) £5,184
Legal fees (est.) £1,500
Effective purchase cost £114,684 (+27.4% vs guide)

Guide prices can change before auction day. Always verify the reserve price and obtain legal pack before bidding.

📈 Rental Yield & ROI Forecast

Compound-growth projection: 2.5% annual rent growth + 3% capital growth. IO mortgage throughout. For illustration only.

10-Year Projection
Break-even: Year 1 5yr IRR: 6.2%
Year Est. Rent/yr Est. Value Net Income/yr Cum. Cashflow Total Return ROI on Cash Invested
Yr 1 £6,867 £92,700 £4,499 £1,124 £3,824 12.3%
Yr 3 £7,215 £98,345 £4,750 £3,747 £12,092 38.9%
Yr 5 £7,580 £104,335 £5,013 £6,889 £21,223 68.2%
Yr 10 £8,576 £120,952 £5,730 £17,192 £48,145 154.8%
Yr 15 £9,703 £140,217 £6,541 £31,360 £81,577 262.3%
Yr 20 £10,978 £162,550 £7,459 £49,899 £122,449 393.7%
Yr 25 £12,421 £188,440 £8,498 £73,384 £171,824 552.5%
Yr 30 £14,053 £218,454 £9,673 £102,466 £230,919 742.5%

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)

26/01405/FUL 0.05 mi

Two storey side extension, single storey rear extension, porch and front extension

125 Tynedale Drive Cowpen Blyth Northumberland NE24 4DP

Undecided
26/01155/FUL 0.13 mi

Demolition of existing former religious hall and construction of new proposed supported living accommodation comprising

Gospel Hall Devonworth Place Cowpen Blyth Northumberland NE24 5AD

Undecided
26/01502/FUL 0.19 mi

Extension to side of property

35 Shillhope Drive Crofton Grange Blyth Northumberland NE24 4SN

Undecided
26/01899/FUL 0.29 mi

Single storey rear extension

38 Dene View Drive Cowpen Blyth Northumberland NE24 5PT

Undecided
26/02044/FUL 0.47 mi

Rear extension

11 Humford Green Blyth Northumberland NE24 4LY

Undecided

View all planning applications on your dashboard →

Approved   Pending   Refused

🌎 Area Profile — NE24 3 ⓘ What are deciles?

IMD (Overall)
3/10
High deprivation
Crime
2/10
High deprivation
Income
4/10
Mid deprivation
Employment
2/10
High deprivation
Education
6/10
Mid deprivation
Housing Barriers
10/10
Low deprivation
Rural/Urban
Mixed

📊 Investment Skill Analysis

Net Yield
5.1%
Gross:7.6%
Mortgage
PASS
75% LTV · 5.0% rate
Survey Risk
Low Risk
Score: 2/10
SDLT (Additional)
£5,734
5.0% effective rate · Company: £5,734
Void Risk
High
~6 weeks/year
Statistical CI (65%)
£171,724 –£191,466
vs Comparable Mean:-36.8%· n=10
Best Strategy
Serviced Accommodation
£508/mo
📊 NE24 market data →
SPV Tax Saving
£1,551/yr
Breakeven: — years
5-Year IRR
6.2%
IRR — Moderate

Scenario Analysis

Scenario Monthly Rent Gross Yield Net Yield Cashflow/mo IRR 5yr
Bear £620 6.5% 3.8% £-100 -8.9%
Conservative £678 7.1% 4.6% £43 1.7%
Base £729 7.6% 5.1% £129 6.2%
Optimistic £787 8.2% 5.7% £223 11.3%
Bull £860 9.0% 6.5% £330 17.8%

⚠ Condition Flags

Extended Market Time (MODERATE)
Level 2 HomeBuyer Report (RICS) — standard for well-maintained modern properties

Detailed Analysis

💸 Yield & Returns
Gross Yield7.63%
Net Yield5.1%
Net Annual Income£5,854
Deductions: void 8% (−£549)  ·  mgmt 10% (−£687)  ·  maint 10% (−£687)  ·  fixed costs ins.+gas+EPC (−£445)
Monthly IO Mortgage£358
Monthly Cashflow (IO)£130
Cash-on-Cash Return4.03%
5-Year IRR6.2%

Above benchmark   Near benchmark   Below benchmark

💰 Tax Analysis
SDLT (Additional Property)£5,734
SDLT Effective Rate5.0%
SDLT (Company)£5,734
Section 24 Extra Tax/yr (higher rate)£860
SPV Annual Saving£1,551
SPV Breakeven— yrs
CGT Projected Sale (5yr)£132,950
Less: Purchase Price−£114,684
Less: Buying Costs (SDLT + legal)−£8,334
Less: Selling Costs (est. 2.5%)−£3,324
= CGT Net Gain (5yr)£6,608
CGT at 24%£866
📈 Scenario Analysis
Scenario Monthly Rent Gross Yield Net Yield Cashflow/mo IRR 5yr
Bear £620 6.5% 3.8% £-100 -8.9%
Conservative £678 7.1% 4.6% £43 1.7%
Base £729 7.6% 5.1% £129 6.2%
Optimistic £787 8.2% 5.7% £223 11.3%
Bull £860 9.0% 6.5% £330 17.8%
📊 Analysis Report (PDF) 📊 Download CSV
PropertyAlert.uk is not affiliated with any property portal. Analysis is based on publicly available Land Registry data and EPC certificates. This report is for informational purposes only and does not constitute financial advice. Analyse another property →

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