Ironside Road, Sheffield, South Yorkshire, S14
Terraced · 3 bed
Supports major UK property portals
Suggested Offer Range
Close to comparable sales mean. Standard 3–10% negotiation range.
Property Details
- Asking Price
- £118,000
- Property Type
- Terraced
- Bedrooms
- 3
- Bathrooms
- N/A
- Est. Floor Area
- 861 sqft (est.)
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
This listing is priced below the postcode sector benchmark.
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £368 |
| ICR (actual) | 2.59x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £118,000 |
| Deposit (25% — 75% LTV) | £29,500 |
| SDLT (additional property, 5% surcharge) | £5,900 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £38,399 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
| Purchase price | £118,000 | Loan (75% LTV) | £88,500 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £406 |
| Rent needed (1.5×) | £608/mo | Estimated rent | £954/mo |
| Stress ratio | 2.35× (need ≥ 1.5×) +£346 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 | £1,545 |
| SA net/mo | £1,210 |
| BTL est./mo | £954 |
| SA vs BTL uplift | +£591/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £127,073 | +£9,073 | £33,709 | +£4,209 (3.6%) |
| 5 years | £133,506 | +£15,506 | £38,502 | +£9,002 (7.6%) |
| 7 years | £140,265 | +£22,265 | £43,537 | +£14,037 (11.9%) |
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 | £11,446 | £121,540 | £7,796 | £3,371 | £6,911 | 17.5% |
| Yr 3 | £12,025 | £128,942 | £8,213 | £10,737 | £21,678 | 54.9% |
| Yr 5 | £12,634 | £136,794 | £8,652 | £18,968 | £37,762 | 95.6% |
| Yr 10 | £14,294 | £158,582 | £9,847 | £43,628 | £84,211 | 213.2% |
| Yr 15 | £16,173 | £183,840 | £11,199 | £74,729 | £140,569 | 355.9% |
| Yr 20 | £18,298 | £213,121 | £12,730 | £113,117 | £208,238 | 527.2% |
| Yr 25 | £20,703 | £247,066 | £14,461 | £159,748 | £288,814 | 731.2% |
| Yr 30 | £23,423 | £286,417 | £16,420 | £215,707 | £384,124 | 972.5% |
ROI on Total Cash Invested (deposit + SDLT + acquisition costs). Assumes IO mortgage, no tax, no refinancing. Actual returns will vary.
🌎 Area Profile — S14 1 ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £811 | 8.2% | 5.0% | £11 | -3.4% |
| Conservative | £887 | 9.0% | 5.9% | £178 | 6.4% |
| Base | £954 | 9.7% | 6.6% | £281 | 10.6% |
| Optimistic | £1,030 | 10.5% | 7.4% | £393 | 15.4% |
| Bull | £1,126 | 11.4% | 8.3% | £523 | 21.6% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●9.7% |
| Net Yield | ●6.61% |
| Net Annual Income | £7,798 |
| Deductions: void 8% (−£916) · mgmt 10% (−£1,145) · maint 10% (−£1,145) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £368 |
| Monthly Cashflow (IO) | ●£282 |
| Cash-on-Cash Return | ●8.54% |
| 5-Year IRR | ●10.6% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £5,900 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £5,900 |
| Section 24 Extra Tax/yr (higher rate) | £885 |
| SPV Annual Saving | £1,935 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £136,794 |
| Less: Purchase Price | −£118,000 |
| Less: Buying Costs (SDLT + legal) | −£8,500 |
| Less: Selling Costs (est. 2.5%) | −£3,420 |
| = CGT Net Gain (5yr) | £6,874 |
| CGT at 24% | £930 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £811 | 8.2% | 5.0% | £11 | -3.4% |
| Conservative | £887 | 9.0% | 5.9% | £178 | 6.4% |
| Base | £954 | 9.7% | 6.6% | £281 | 10.6% |
| Optimistic | £1,030 | 10.5% | 7.4% | £393 | 15.4% |
| Bull | £1,126 | 11.4% | 8.3% | £523 | 21.6% |