Knights Hill, West Norwood, London, SE27
Apartment · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 11.2% below the comparable sales mean — some negotiation possible but limited margin.
Property Details
- Asking Price
- £360,000
- Property Type
- Apartment
- Bedrooms
- 2
- Bathrooms
- N/A
- Est. Floor Area
- 689 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 | £1,123 |
| ICR (actual) | 2.08x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £360,000 |
| Deposit (25% — 75% LTV) | £90,000 |
| SDLT (additional property, 5% surcharge) | £26,000 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £118,999 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
| Purchase price | £360,000 | Loan (75% LTV) | £270,000 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £1,238 |
| Rent needed (1.5×) | £1,856/mo | Estimated rent | £2,338/mo |
| Stress ratio | 1.89× (need ≥ 1.5×) +£482 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 | £1,076 |
| SA net/mo | £797 |
| BTL est./mo | £2,337 |
| SA vs BTL uplift | £-1,261/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £387,681 | +£27,681 | £104,442 | +£14,442 (4.0%) |
| 5 years | £407,307 | +£47,307 | £119,064 | +£29,064 (8.1%) |
| 7 years | £427,927 | +£67,927 | £134,426 | +£44,426 (12.3%) |
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 | £28,044 | £370,800 | £19,747 | £6,247 | £17,047 | 14.2% |
| Yr 3 | £29,464 | £393,382 | £20,769 | £20,267 | £53,649 | 44.7% |
| Yr 5 | £30,955 | £417,339 | £21,843 | £36,409 | £93,748 | 78.1% |
| Yr 10 | £35,023 | £483,810 | £24,772 | £86,765 | £210,575 | 175.3% |
| Yr 15 | £39,625 | £560,868 | £28,085 | £152,901 | £353,769 | 294.6% |
| Yr 20 | £44,833 | £650,200 | £31,834 | £236,890 | £527,090 | 438.9% |
| Yr 25 | £50,724 | £753,760 | £36,076 | £341,078 | £734,838 | 611.9% |
| Yr 30 | £57,389 | £873,814 | £40,875 | £468,119 | £981,934 | 817.6% |
ROI on Total Cash Invested (deposit + SDLT + acquisition costs). Assumes IO mortgage, no tax, no refinancing. Actual returns will vary.
🌎 Area Profile — SE27 0 ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,987 | 6.6% | 4.2% | £-208 | -7.4% |
| Conservative | £2,174 | 7.2% | 4.9% | £247 | 2.8% |
| Base | £2,338 | 7.8% | 5.5% | £521 | 7.3% |
| Optimistic | £2,525 | 8.4% | 6.1% | £819 | 12.3% |
| Bull | £2,759 | 9.2% | 6.9% | £1,160 | 18.8% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●7.79% |
| Net Yield | ●5.49% |
| Net Annual Income | £19,755 |
| Deductions: void 8% (−£2,244) · mgmt 10% (−£2,804) · maint 10% (−£2,804) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £1,123 |
| Monthly Cashflow (IO) | ●£523 |
| Cash-on-Cash Return | ●5.21% |
| 5-Year IRR | ●7.3% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £26,000 |
| SDLT Effective Rate | 7.22% |
| SDLT (Company) | £26,000 |
| Section 24 Extra Tax/yr (higher rate) | £2,700 |
| SPV Annual Saving | £4,714 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £417,339 |
| Less: Purchase Price | −£360,000 |
| Less: Buying Costs (SDLT + legal) | −£28,600 |
| Less: Selling Costs (est. 2.5%) | −£10,433 |
| = CGT Net Gain (5yr) | £18,306 |
| CGT at 24% | £3,673 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,987 | 6.6% | 4.2% | £-208 | -7.4% |
| Conservative | £2,174 | 7.2% | 4.9% | £247 | 2.8% |
| Base | £2,338 | 7.8% | 5.5% | £521 | 7.3% |
| Optimistic | £2,525 | 8.4% | 6.1% | £819 | 12.3% |
| Bull | £2,759 | 9.2% | 6.9% | £1,160 | 18.8% |