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Ground Flat · 1 bed
Supports major UK property portals
Suggested Offer Range
Already 40% below the comparable sales mean — limited negotiation margin. Strong value at current asking price.
🔨 Refurb Cost Estimate
AI condition score: 4/10 · North East rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £3,250 |
| Bathroom | £2,400 |
| Living Room | £1,450 |
| Master Bedroom | £3,250 |
| Entrance Hall | £300 |
| 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
- £35,000
- Property Type
- Ground Flat
- Bedrooms
- 1
- Bathrooms
- N/A
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
Comparable Sales in this postcode sector
⚠️ Only 1 comparable sale(s) matched 1 bedrooms; showing all property types for context.
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| Sector sale 1 | Flat | 2 | — | — | — | — |
| Sector sale 2 | Flat | 3 | — | — | — | — |
| Sector sale 3 | Flat | 2 | — | — | — | — |
| Sector sale 4 | Flat | 2 | — | — | — | — |
| Sector sale 5 | Flat | 1 | — | — | — | — |
| Sector sale 6 | Flat | 2 | — | — | — | — |
| Sector sale 7 | Flat | 4 | — | — | — | — |
| Sector sale 8 | Flat | 5 | — | — | — | — |
| Sector sale 9 | Flat | 3 | — | — | — | — |
| Sector sale 10 | Flat | 2 | — | — | — | — |
■ Above subject ■ Below subject
Based on 3 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
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £109 |
| ICR (actual) | 4.62x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £35,000 |
| Deposit (25% — 75% LTV) | £8,750 |
| SDLT (additional property, 5% surcharge) | £1,750 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £13,499 |
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 | £35,000 | Loan (75% LTV) | £26,250 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £120 |
| Rent needed (1.5×) | £180/mo | Estimated rent | £504/mo |
| Stress ratio | 4.19× (need ≥ 1.5×) +£324 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) | £62,500 |
| 75% remortgage | £46,875 |
| Cash left in deal | £0 (100% recycled) |
| Est. BTL cashflow | +£132/mo |
| Gross margin | +£27,500 |
| Reno cost (est.) | –£10,200 |
| Buy + sell costs | –£6,288 |
| Net profit | +£11,012 (58.1% ROI) |
| SA gross/mo | £984 |
| SA net/mo | £716 |
| BTL est./mo | £504 |
| SA vs BTL uplift | +£480/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £37,691 | +£2,691 | £9,376 | +£626 (1.8%) |
| 5 years | £39,599 | +£4,599 | £10,871 | +£2,121 (6.1%) |
| 7 years | £41,604 | +£6,604 | £12,365 | +£3,615 (10.3%) |
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 | £6,048 | £36,050 | £3,910 | £2,597 | £3,647 | 25.0% |
| Yr 3 | £6,354 | £38,245 | £4,130 | £8,120 | £11,366 | 77.8% |
| Yr 5 | £6,676 | £40,575 | £4,362 | £14,101 | £19,676 | 134.8% |
| Yr 10 | £7,553 | £47,037 | £4,993 | £31,211 | £43,248 | 296.2% |
| Yr 15 | £8,546 | £54,529 | £5,708 | £51,723 | £71,252 | 488.0% |
| Yr 20 | £9,669 | £63,214 | £6,516 | £76,086 | £104,300 | 714.4% |
| Yr 25 | £10,939 | £73,282 | £7,431 | £104,805 | £143,087 | 980.0% |
| Yr 30 | £12,377 | £84,954 | £8,466 | £138,452 | £188,406 | 1290.5% |
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?
📄 Lease Information
Estimated remaining lease: 103 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £428 | 14.7% | 8.3% | £99 | 5.9% |
| Conservative | £469 | 16.1% | 10.0% | £171 | 13.6% |
| Base | £504 | 17.3% | 11.2% | £216 | 16.9% |
| Optimistic | £544 | 18.7% | 12.5% | £267 | 20.7% |
| Bull | £595 | 20.4% | 14.2% | £327 | 25.6% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●17.28% |
| Net Yield | ●11.17% |
| Net Annual Income | £3,910 |
| Deductions: void 8% (−£484) · mgmt 10% (−£605) · maint 10% (−£605) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £109 |
| Monthly Cashflow (IO) | ●£217 |
| Cash-on-Cash Return | ●17.79% |
| 5-Year IRR | ●16.9% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £1,750 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £1,750 |
| Section 24 Extra Tax/yr (higher rate) | £262 |
| SPV Annual Saving | £1,024 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £40,575 |
| Less: Purchase Price | −£35,000 |
| Less: Buying Costs (SDLT + legal) | −£4,350 |
| Less: Selling Costs (est. 2.5%) | −£1,014 |
| = CGT Net Gain (5yr) | £211 |
| CGT at 24% | £— |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £428 | 14.7% | 8.3% | £99 | 5.9% |
| Conservative | £469 | 16.1% | 10.0% | £171 | 13.6% |
| Base | £504 | 17.3% | 11.2% | £216 | 16.9% |
| Optimistic | £544 | 18.7% | 12.5% | £267 | 20.7% |
| Bull | £595 | 20.4% | 14.2% | £327 | 25.6% |
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