Oakley Gardens, Hartlepool
Terraced · 3 bed
Supports major UK property portals
Suggested Offer Range
Already 40.1% 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
- £55,000
- Property Type
- Terraced
- Bedrooms
- 3
- Bathrooms
- N/A
- Floor Area
- 721 sqft
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
This listing is priced below the postcode sector benchmark.
Motivated Seller Analysis
Standard — 3/10Behavioural signals: Below market value
Matched signals:
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £172 |
| ICR (actual) | 3.6x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £55,000 |
| Deposit (25% — 75% LTV) | £13,750 |
| SDLT (additional property, 5% surcharge) | £2,750 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £19,499 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
| Purchase price | £55,000 | Loan (75% LTV) | £41,250 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £189 |
| Rent needed (1.5×) | £284/mo | Estimated rent | £617/mo |
| Stress ratio | 3.26× (need ≥ 1.5×) +£333 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 | £1,833 |
| SA net/mo | £1,463 |
| BTL est./mo | £617 |
| SA vs BTL uplift | +£1,216/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £59,229 | +£4,229 | £15,296 | +£1,546 (2.8%) |
| 5 years | £62,227 | +£7,227 | £17,529 | +£3,779 (6.9%) |
| 7 years | £65,378 | +£10,378 | £19,876 | +£6,126 (11.1%) |
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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Location
Comparable Sales in TS24 0
🔍 Filtered to 3-bedroom comparable sales only.
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| 5, VOLLUM RISE, TS24 0LR | Terraced | 3 | £115,000 | £127 | 18/03/26 | 1.53 mi |
| 131, WEST VIEW ROAD, TS24 0BN | Terraced | 3 | £49,500 | £46 | 09/03/26 | 1.02 mi |
| 35, SEA VIEW TERRACE, TS24 0ET | Terraced | 3 | £105,000 | £110 | 09/02/26 | 1.63 mi |
| 22, GIBB SQUARE, TS24 0LH | Terraced | 3 | £97,500 | £101 | 10/10/25 | 1.65 mi |
■ Above subject ■ Below subject
Based on 4 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.
📈 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 | £7,403 | £56,650 | £4,885 | £2,823 | £4,473 | 21.7% |
| Yr 3 | £7,778 | £60,100 | £5,155 | £8,871 | £13,971 | 67.8% |
| Yr 5 | £8,172 | £63,760 | £5,438 | £15,480 | £24,240 | 117.7% |
| Yr 10 | £9,245 | £73,915 | £6,212 | £34,641 | £53,556 | 260.0% |
| Yr 15 | £10,460 | £85,688 | £7,086 | £57,968 | £88,656 | 430.4% |
| Yr 20 | £11,835 | £99,336 | £8,076 | £86,007 | £130,343 | 632.7% |
| Yr 25 | £13,390 | £115,158 | £9,196 | £119,379 | £179,537 | 871.5% |
| Yr 30 | £15,150 | £133,499 | £10,463 | £158,783 | £237,283 | 1151.9% |
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)
🌎 Area Profile — TS24 0 ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £524 | 11.4% | 6.6% | £80 | 1.8% |
| Conservative | £574 | 12.5% | 8.0% | £176 | 10.4% |
| Base | £617 | 13.5% | 8.9% | £235 | 14.1% |
| Optimistic | £666 | 14.5% | 9.9% | £301 | 18.4% |
| Bull | £728 | 15.9% | 11.3% | £379 | 23.9% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●13.46% |
| Net Yield | ●8.88% |
| Net Annual Income | £4,886 |
| Deductions: void 8% (−£592) · mgmt 10% (−£740) · maint 10% (−£740) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £172 |
| Monthly Cashflow (IO) | ●£235 |
| Cash-on-Cash Return | ●13.71% |
| 5-Year IRR | ●14.1% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £2,750 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £2,750 |
| Section 24 Extra Tax/yr (higher rate) | £413 |
| SPV Annual Saving | £1,251 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £63,760 |
| Less: Purchase Price | −£55,000 |
| Less: Buying Costs (SDLT + legal) | −£5,350 |
| Less: Selling Costs (est. 2.5%) | −£1,594 |
| = CGT Net Gain (5yr) | £1,816 |
| CGT at 24% | £— |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £524 | 11.4% | 6.6% | £80 | 1.8% |
| Conservative | £574 | 12.5% | 8.0% | £176 | 10.4% |
| Base | £617 | 13.5% | 8.9% | £235 | 14.1% |
| Optimistic | £666 | 14.5% | 9.9% | £301 | 18.4% |
| Bull | £728 | 15.9% | 11.3% | £379 | 23.9% |