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Apartment · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 10% below the area median — some negotiation possible but limited margin. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 Refurb Cost Estimate
AI condition score: 8/10 · North West rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £700 |
| Bathroom | £500 |
| Living Room | £300 |
| Master Bedroom | £350 |
| Bedroom 2 | £350 |
| Entrance Hall | £50 |
| Total Estimated Refurb | £1,800 |
⚠ 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 | SJP Building Services - Builders Of Excellence In Every Job | 07855 259 927 | — |
| decorator | Parkinson Decorators | 07702 360597 | — |
| photographer | Key Photography Wigan - Photographed by Kieran Johnson | 01942 236398 | — |
Property Details
- Asking Price
- £80,000
- Property Type
- Apartment
- Bedrooms
- 2
- Bathrooms
- N/A
- Floor Area
- 600–700 sqft
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
📈 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 | £8,168 | £82,400 | £5,436 | £2,436 | £4,836 | 17.2% |
| Yr 3 | £8,582 | £87,418 | £5,734 | £7,753 | £15,171 | 54.0% |
| Yr 5 | £9,016 | £92,742 | £6,046 | £13,687 | £26,429 | 94.1% |
| Yr 10 | £10,201 | £107,513 | £6,900 | £31,437 | £58,950 | 209.8% |
| Yr 15 | £11,541 | £124,637 | £7,865 | £53,782 | £98,419 | 350.2% |
| Yr 20 | £13,058 | £144,489 | £8,957 | £81,327 | £145,816 | 518.9% |
| Yr 25 | £14,774 | £167,502 | £10,192 | £114,755 | £202,258 | 719.8% |
| Yr 30 | £16,715 | £194,181 | £11,590 | £154,840 | £269,021 | 957.4% |
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 West England ⓘ What are deciles?
📄 Lease Information
Estimated remaining lease: 960 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £579 | 8.7% | 5.1% | £14 | -3.7% |
| Conservative | £633 | 9.5% | 6.1% | £131 | 5.9% |
| Base | £681 | 10.2% | 6.8% | £203 | 10.0% |
| Optimistic | £735 | 11.0% | 7.6% | £282 | 14.7% |
| Bull | £804 | 12.1% | 8.6% | £374 | 20.8% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●10.21% |
| Net Yield | ●6.8% |
| Net Annual Income | £5,439 |
| Deductions: void 8% (−£653) · mgmt 10% (−£817) · maint 10% (−£817) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £250 |
| Monthly Cashflow (IO) | ●£203 |
| Cash-on-Cash Return | ●8.68% |
| 5-Year IRR | ●10.0% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £4,000 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £4,000 |
| Section 24 Extra Tax/yr (higher rate) | £600 |
| SPV Annual Saving | £1,405 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £92,742 |
| Less: Purchase Price | −£80,000 |
| Less: Buying Costs (SDLT + legal) | −£6,600 |
| Less: Selling Costs (est. 2.5%) | −£2,319 |
| = CGT Net Gain (5yr) | £3,823 |
| CGT at 24% | £198 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £579 | 8.7% | 5.1% | £14 | -3.7% |
| Conservative | £633 | 9.5% | 6.1% | £131 | 5.9% |
| Base | £681 | 10.2% | 6.8% | £203 | 10.0% |
| Optimistic | £735 | 11.0% | 7.6% | £282 | 14.7% |
| Bull | £804 | 12.1% | 8.6% | £374 | 20.8% |
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