Peabody Estate, Rosendale Road, London, SE24
Apartment · 1 bed
Supports major UK property portals
Suggested Offer Range
Already 51.1% 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
- £300,000
- Property Type
- Apartment
- Bedrooms
- 1
- Bathrooms
- N/A
- Floor Area
- 343 sqft
- 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: 109 days on marketBelow market value
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £936 |
| ICR (actual) | 2.01x |
| Feasibility | MARGINAL |
| Notes: Rental coverage 143% — below standard 145% threshold, may need larger deposit | |
| 💲 Total Cash Required | |
| Purchase Price | £300,000 |
| Deposit (25% — 75% LTV) | £75,000 |
| SDLT (additional property, 5% surcharge) | £20,000 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £97,999 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
| Purchase price | £300,000 | Loan (75% LTV) | £225,000 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £1,031 |
| Rent needed (1.5×) | £1,547/mo | Estimated rent | £1,878/mo |
| Stress ratio | 1.82× (need ≥ 1.5×) +£331 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 | £1,485 |
| SA net/mo | £1,157 |
| BTL est./mo | £1,878 |
| SA vs BTL uplift | £-393/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £323,067 | +£23,067 | £86,905 | +£11,905 (4.0%) |
| 5 years | £339,422 | +£39,422 | £99,090 | +£24,090 (8.0%) |
| 7 years | £356,606 | +£56,606 | £111,891 | +£36,891 (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 | £22,530 | £309,000 | £15,777 | £4,527 | £13,527 | 13.6% |
| Yr 3 | £23,671 | £327,818 | £16,598 | £14,807 | £42,625 | 43.0% |
| Yr 5 | £24,869 | £347,782 | £17,461 | £26,791 | £74,573 | 75.3% |
| Yr 10 | £28,137 | £403,175 | £19,814 | £64,787 | £167,962 | 169.5% |
| Yr 15 | £31,834 | £467,390 | £22,476 | £115,460 | £282,850 | 285.4% |
| Yr 20 | £36,018 | £541,833 | £25,488 | £180,475 | £422,309 | 426.1% |
| Yr 25 | £40,751 | £628,133 | £28,895 | £261,719 | £589,852 | 595.2% |
| Yr 30 | £46,106 | £728,179 | £32,751 | £361,322 | £789,501 | 796.7% |
ROI on Total Cash Invested (deposit + SDLT + acquisition costs). Assumes IO mortgage, no tax, no refinancing. Actual returns will vary.
🌎 Area Profile — SE24 0 ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,596 | 6.4% | 4.0% | £-218 | -8.0% |
| Conservative | £1,747 | 7.0% | 4.7% | £154 | 2.3% |
| Base | £1,878 | 7.5% | 5.3% | £378 | 6.8% |
| Optimistic | £2,028 | 8.1% | 5.9% | £620 | 12.0% |
| Bull | £2,216 | 8.9% | 6.6% | £897 | 18.5% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●7.51% |
| Net Yield | ●5.26% |
| Net Annual Income | £15,781 |
| Deductions: void 8% (−£1,802) · mgmt 10% (−£2,253) · maint 10% (−£2,253) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £936 |
| Monthly Cashflow (IO) | ●£379 |
| Cash-on-Cash Return | ●4.57% |
| 5-Year IRR | ●6.8% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £20,000 |
| SDLT Effective Rate | 6.67% |
| SDLT (Company) | £20,000 |
| Section 24 Extra Tax/yr (higher rate) | £2,250 |
| SPV Annual Saving | £3,829 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £347,782 |
| Less: Purchase Price | −£300,000 |
| Less: Buying Costs (SDLT + legal) | −£22,600 |
| Less: Selling Costs (est. 2.5%) | −£8,695 |
| = CGT Net Gain (5yr) | £16,487 |
| CGT at 24% | £3,237 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,596 | 6.4% | 4.0% | £-218 | -8.0% |
| Conservative | £1,747 | 7.0% | 4.7% | £154 | 2.3% |
| Base | £1,878 | 7.5% | 5.3% | £378 | 6.8% |
| Optimistic | £2,028 | 8.1% | 5.9% | £620 | 12.0% |
| Bull | £2,216 | 8.9% | 6.6% | £897 | 18.5% |