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Terraced · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 11% below the comparable sales mean — some negotiation possible but limited margin. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 Refurb Cost Estimate
AI condition score: 5/10 · North East rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £3,200 |
| Bathroom | £2,300 |
| Living Room | £1,400 |
| Hallway / Stairs | £500 |
| Master Bedroom | £1,600 |
| Bedroom 2 | £1,600 |
| Total Estimated Refurb | £10,200 |
⚠ Indicative estimates only. Based on photo condition score and regional benchmarks for a typical 2–3 bed property. Always obtain contractor quotes before committing to a refurb budget. Photo AI may over-flag minor cosmetic issues.
🔧 Local Trades
| Trade | Name | Phone | |
|---|---|---|---|
| builder | Builders Middlesbrough | Project Management | Quality ... | 07960 485 880 | — |
| decorator | Decorator Teesside | Painters | Decorating Services | 07376 496299 | — |
| photographer | The Studio North East | 01642 205465 | — |
Property Details
- Asking Price
- £60,000
- Property Type
- Terraced
- Bedrooms
- 2
- Bathrooms
- N/A
- Floor Area
- 600–700 sqft
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
This listing is priced below the postcode sector benchmark.
Comparable Sales in this postcode sector
🔍 Filtered to 2-bedroom comparable sales only.
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| Sector sale 1 | Terraced | 2 | — | — | — | — |
| Sector sale 2 | Terraced | 2 | — | — | — | — |
| Sector sale 3 | Terraced | 2 | — | — | — | — |
| Sector sale 4 | Terraced | 2 | — | — | — | — |
| Sector sale 5 | Terraced | 2 | — | — | — | — |
| Sector sale 6 | Terraced | 2 | — | — | — | — |
| Sector sale 7 | Terraced | 2 | — | — | — | — |
| Sector sale 8 | Terraced | 2 | — | — | — | — |
■ Above subject ■ Below subject
Based on 8 comparable sales — Full Range (grey) · Typical IQR (blue) · Fair Value CI (light blue) · | Median · | Mean · Asking (▲)
ⓘ Bedroom counts are not available from Land Registry records. Comparables are matched by postcode sector and property type only.
Location
Motivated Seller Analysis
Standard — 2/10Behavioural signals: Below market value
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £187 |
| ICR (actual) | 3.42x |
| 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
Tests lender affordability (rent vs. mortgage interest) — a different calculation from the BRRR Strategy card above, which tests capital recycled via refinance.
| 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 | £640/mo |
| Stress ratio | 3.1× (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 (a flat UK-wide assumption — not adjusted for this property's specific location). Assumes 75% LTV interest-only mortgage redeemed on sale. Excludes rental income.
How is this calculated?
This is a simplified projection based on comparable sales data and an estimated refurb cost. It does not currently account for seller motivation signals, nearby planning applications, or the area's wider demographic profile — see the relevant sections elsewhere in this report for those. Not financial advice.
| Est. reno cost | Unknown — score listing |
| GDV (comp median) | £66,000 |
| 75% remortgage | £49,500 |
| Cash left in deal | £20,700 (18% recycled) |
| Est. BTL cashflow | +£210/mo |
| Gross margin | +£6,000 |
| Reno cost (est.) | –£10,200 |
| Buy + sell costs | –£7,590 |
| Net profit | £-11,790 (-46.8% ROI) |
| SA gross/mo | £1,641 |
| SA net/mo | £1,294 |
| BTL est./mo | £640 |
| SA vs BTL uplift | +£1,001/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 UK-wide HPI assumption (not location-adjusted), 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 | £7,680 | £61,800 | £5,085 | £2,835 | £4,635 | 21.0% |
| Yr 3 | £8,069 | £65,564 | £5,365 | £8,922 | £14,486 | 65.5% |
| Yr 5 | £8,477 | £69,556 | £5,659 | £15,590 | £25,147 | 113.8% |
| Yr 10 | £9,591 | £80,635 | £6,461 | £35,000 | £55,635 | 251.7% |
| Yr 15 | £10,852 | £93,478 | £7,368 | £58,731 | £92,209 | 417.2% |
| Yr 20 | £12,278 | £108,367 | £8,395 | £87,352 | £135,718 | 614.1% |
| Yr 25 | £13,891 | £125,627 | £9,557 | £121,504 | £187,130 | 846.7% |
| Yr 30 | £15,716 | £145,636 | £10,871 | £161,914 | £247,550 | 1120.1% |
ROI on Total Cash Invested (deposit + SDLT + acquisition costs). Assumes IO mortgage, no tax, no refinancing. Actual returns will vary.
Planning Applications Nearby (within 0.5 miles)
5 planning applications found within 0.5 miles — 🔒 sign in for references, descriptions and status
View all planning applications on your dashboard →
● Approved ● Pending ● Refused
🌎 Area Profile — North East England ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £544 | 10.9% | 6.3% | £73 | 0.8% |
| Conservative | £595 | 11.9% | 7.6% | £173 | 9.7% |
| Base | £640 | 12.8% | 8.5% | £236 | 13.4% |
| Optimistic | £691 | 13.8% | 9.5% | £306 | 17.8% |
| Bull | £755 | 15.1% | 10.7% | £387 | 23.4% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●12.8% |
| Net Yield | ●8.48% |
| Net Annual Income | £5,085 |
| Deductions: void 8% (−£614) · mgmt 10% (−£768) · maint 10% (−£768) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £187 |
| Monthly Cashflow (IO) | ●£237 |
| Cash-on-Cash Return | ●12.83% |
| 5-Year IRR | ●13.4% |
● 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 | £1,299 |
| 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 | £544 | 10.9% | 6.3% | £73 | 0.8% |
| Conservative | £595 | 11.9% | 7.6% | £173 | 9.7% |
| Base | £640 | 12.8% | 8.5% | £236 | 13.4% |
| Optimistic | £691 | 13.8% | 9.5% | £306 | 17.8% |
| Bull | £755 | 15.1% | 10.7% | £387 | 23.4% |