Sidney Gardens, Blyth, NE24
Flat · 1 bed
Supports major UK property portals
Suggested Offer Range
Already 31.5% 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
- £63,000
- Property Type
- Flat
- Bedrooms
- 1
- Bathrooms
- N/A
- Est. Floor Area
- 662 sqft (est.)
- 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: 327 days on marketBelow market value
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £196 |
| ICR (actual) | 2.4x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £63,000 |
| Deposit (25% — 75% LTV) | £15,750 |
| SDLT (additional property, 5% surcharge) | £3,150 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £21,899 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
| Purchase price | £63,000 | Loan (75% LTV) | £47,250 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £217 |
| Rent needed (1.5×) | £325/mo | Estimated rent | £471/mo |
| Stress ratio | 2.17× (need ≥ 1.5×) +£146 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 | £970 |
| SA net/mo | £704 |
| BTL est./mo | £471 |
| SA vs BTL uplift | +£499/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £67,844 | +£4,844 | £17,634 | +£1,884 (3.0%) |
| 5 years | £71,279 | +£8,279 | £20,193 | +£4,443 (7.1%) |
| 7 years | £74,887 | +£11,887 | £22,881 | +£7,131 (11.3%) |
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 | £5,651 | £64,890 | £3,624 | £1,261 | £3,151 | 13.7% |
| Yr 3 | £5,937 | £68,842 | £3,830 | £4,092 | £9,933 | 43.2% |
| Yr 5 | £6,238 | £73,034 | £4,046 | £7,349 | £17,384 | 75.6% |
| Yr 10 | £7,057 | £84,667 | £4,636 | £17,509 | £39,176 | 170.3% |
| Yr 15 | £7,985 | £98,152 | £5,304 | £30,849 | £66,001 | 287.0% |
| Yr 20 | £9,034 | £113,785 | £6,060 | £47,786 | £98,571 | 428.6% |
| Yr 25 | £10,221 | £131,908 | £6,914 | £68,793 | £137,701 | 598.7% |
| Yr 30 | £11,564 | £152,918 | £7,881 | £94,406 | £184,324 | 801.4% |
ROI on Total Cash Invested (deposit + SDLT + acquisition costs). Assumes IO mortgage, no tax, no refinancing. Actual returns will vary.
🌎 Area Profile — NE24 3 ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £400 | 7.6% | 4.3% | £-33 | -8.2% |
| Conservative | £438 | 8.3% | 5.1% | £53 | 2.1% |
| Base | £471 | 9.0% | 5.8% | £105 | 6.3% |
| Optimistic | £509 | 9.7% | 6.5% | £162 | 11.2% |
| Bull | £556 | 10.6% | 7.3% | £228 | 17.4% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●8.97% |
| Net Yield | ●5.75% |
| Net Annual Income | £3,624 |
| Deductions: void 8% (−£452) · mgmt 10% (−£565) · maint 10% (−£565) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £196 |
| Monthly Cashflow (IO) | ●£106 |
| Cash-on-Cash Return | ●5.48% |
| 5-Year IRR | ●6.3% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £3,150 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £3,150 |
| Section 24 Extra Tax/yr (higher rate) | £473 |
| SPV Annual Saving | £1,021 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £73,034 |
| Less: Purchase Price | −£63,000 |
| Less: Buying Costs (SDLT + legal) | −£5,750 |
| Less: Selling Costs (est. 2.5%) | −£1,826 |
| = CGT Net Gain (5yr) | £2,458 |
| CGT at 24% | £— |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £400 | 7.6% | 4.3% | £-33 | -8.2% |
| Conservative | £438 | 8.3% | 5.1% | £53 | 2.1% |
| Base | £471 | 9.0% | 5.8% | £105 | 6.3% |
| Optimistic | £509 | 9.7% | 6.5% | £162 | 11.2% |
| Bull | £556 | 10.6% | 7.3% | £228 | 17.4% |