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Terraced · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 33% below the comparable sales mean — limited negotiation margin. Strong value at current asking price.
Property Details
- Asking Price
- £62,500
- Property Type
- Terraced
- Bedrooms
- 2
- Bathrooms
- N/A
- Est. Floor Area
- 800–900 sqft (est.)
- 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 | — | — | — | — |
■ Above subject ■ Below subject
Based on 6 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 — 3/10Behavioural signals: Below market value
Matched signals:
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £195 |
| ICR (actual) | 3.28x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £62,500 |
| Deposit (25% — 75% LTV) | £15,625 |
| SDLT (additional property, 5% surcharge) | £3,125 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £21,749 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
| Purchase price | £62,500 | Loan (75% LTV) | £46,875 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £215 |
| Rent needed (1.5×) | £322/mo | Estimated rent | £640/mo |
| Stress ratio | 2.98× (need ≥ 1.5×) +£318 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 | £1,641 |
| 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 | £67,306 | +£4,806 | £17,488 | +£1,863 (3.0%) |
| 5 years | £70,713 | +£8,213 | £20,026 | +£4,401 (7.0%) |
| 7 years | £74,293 | +£11,793 | £22,693 | +£7,068 (11.3%) |
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 | £7,681 | £64,375 | £5,086 | £2,742 | £4,617 | 20.2% |
| Yr 3 | £8,070 | £68,295 | £5,365 | £8,643 | £14,439 | 63.2% |
| Yr 5 | £8,479 | £72,455 | £5,660 | £15,126 | £25,081 | 109.8% |
| Yr 10 | £9,593 | £83,995 | £6,462 | £34,073 | £55,568 | 243.2% |
| Yr 15 | £10,853 | £97,373 | £7,369 | £57,341 | £92,214 | 403.6% |
| Yr 20 | £12,280 | £112,882 | £8,396 | £85,500 | £135,882 | 594.7% |
| Yr 25 | £13,893 | £130,861 | £9,558 | £119,191 | £187,552 | 820.8% |
| Yr 30 | £15,719 | £151,704 | £10,873 | £159,141 | £248,345 | 1086.9% |
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)
5 planning applications found within 0.5 miles — 🔒 sign in for references, descriptions and status
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● 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 | 10.4% | 6.1% | £63 | -0.1% |
| Conservative | £595 | 11.4% | 7.3% | £165 | 8.9% |
| Base | £640 | 12.3% | 8.1% | £228 | 12.7% |
| Optimistic | £691 | 13.3% | 9.1% | £299 | 17.1% |
| Bull | £755 | 14.5% | 10.3% | £381 | 22.8% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●12.29% |
| Net Yield | ●8.14% |
| Net Annual Income | £5,085 |
| Deductions: void 8% (−£614) · mgmt 10% (−£768) · maint 10% (−£768) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £195 |
| Monthly Cashflow (IO) | ●£229 |
| Cash-on-Cash Return | ●12.0% |
| 5-Year IRR | ●12.7% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £3,125 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £3,125 |
| Section 24 Extra Tax/yr (higher rate) | £469 |
| SPV Annual Saving | £1,304 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £72,455 |
| Less: Purchase Price | −£62,500 |
| Less: Buying Costs (SDLT + legal) | −£5,725 |
| Less: Selling Costs (est. 2.5%) | −£1,811 |
| = CGT Net Gain (5yr) | £2,419 |
| CGT at 24% | £— |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £544 | 10.4% | 6.1% | £63 | -0.1% |
| Conservative | £595 | 11.4% | 7.3% | £165 | 8.9% |
| Base | £640 | 12.3% | 8.1% | £228 | 12.7% |
| Optimistic | £691 | 13.3% | 9.1% | £299 | 17.1% |
| Bull | £755 | 14.5% | 10.3% | £381 | 22.8% |