Mollyfair Close, Ryton
Flat · 1 bed
Supports major UK property portals
Suggested Offer Range
Already 39.2% 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
- £60,000
- Property Type
- Flat
- Bedrooms
- 1
- Bathrooms
- N/A
- Est. Floor Area
- 603 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 — 4/10Behavioural signals: 79 days on marketBelow market value
Matched signals:
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £187 |
| ICR (actual) | 3.08x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £60,000 |
| Deposit (25% — 75% LTV) | £15,000 |
| SDLT (additional property, 5% surcharge) | £3,000 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £20,999 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
| Purchase price | £60,000 | Loan (75% LTV) | £45,000 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £206 |
| Rent needed (1.5×) | £309/mo | Estimated rent | £577/mo |
| Stress ratio | 2.8× (need ≥ 1.5×) +£268 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 | £577 |
| SA vs BTL uplift | +£393/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £64,613 | +£4,613 | £16,757 | +£1,757 (2.9%) |
| 5 years | £67,884 | +£7,884 | £19,194 | +£4,194 (7.0%) |
| 7 years | £71,321 | +£11,321 | £21,754 | +£6,754 (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 | £6,924 | £61,800 | £4,540 | £2,290 | £4,090 | 18.5% |
| Yr 3 | £7,275 | £65,564 | £4,793 | £7,248 | £12,811 | 58.0% |
| Yr 5 | £7,643 | £69,556 | £5,058 | £12,729 | £22,286 | 100.8% |
| Yr 10 | £8,647 | £80,635 | £5,781 | £28,902 | £49,537 | 224.1% |
| Yr 15 | £9,783 | £93,478 | £6,599 | £48,971 | £82,449 | 373.1% |
| Yr 20 | £11,069 | £108,367 | £7,525 | £73,447 | £121,814 | 551.2% |
| Yr 25 | £12,524 | £125,627 | £8,572 | £102,911 | £168,538 | 762.6% |
| Yr 30 | £14,169 | £145,636 | £9,757 | £138,017 | £223,653 | 1012.0% |
ROI on Total Cash Invested (deposit + SDLT + acquisition costs). Assumes IO mortgage, no tax, no refinancing. Actual returns will vary.
🌎 Area Profile — NE40 3 ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £490 | 9.8% | 5.6% | £38 | -2.2% |
| Conservative | £537 | 10.7% | 6.8% | £132 | 7.1% |
| Base | £577 | 11.5% | 7.6% | £191 | 11.0% |
| Optimistic | £623 | 12.5% | 8.5% | £255 | 15.5% |
| Bull | £681 | 13.6% | 9.6% | £330 | 21.3% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●11.54% |
| Net Yield | ●7.57% |
| Net Annual Income | £4,540 |
| Deductions: void 8% (−£554) · mgmt 10% (−£692) · maint 10% (−£692) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £187 |
| Monthly Cashflow (IO) | ●£191 |
| Cash-on-Cash Return | ●10.36% |
| 5-Year IRR | ●11.0% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £3,000 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £3,000 |
| Section 24 Extra Tax/yr (higher rate) | £450 |
| SPV Annual Saving | £1,194 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £69,556 |
| Less: Purchase Price | −£60,000 |
| Less: Buying Costs (SDLT + legal) | −£5,600 |
| Less: Selling Costs (est. 2.5%) | −£1,739 |
| = CGT Net Gain (5yr) | £2,217 |
| CGT at 24% | £— |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £490 | 9.8% | 5.6% | £38 | -2.2% |
| Conservative | £537 | 10.7% | 6.8% | £132 | 7.1% |
| Base | £577 | 11.5% | 7.6% | £191 | 11.0% |
| Optimistic | £623 | 12.5% | 8.5% | £255 | 15.5% |
| Bull | £681 | 13.6% | 9.6% | £330 | 21.3% |