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Flat · 1 bed
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Suggested Offer Range
Already 53% 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.
🔨 Refurb Cost Estimate
Refurb cost estimate pending — this listing hasn't been through cost analysis yet. Runs nightly; check back within 24–48 hours.
🔧 Local Trades
| Trade | Name | Phone | |
|---|---|---|---|
| builder | BHULLAR BUILDING CONSTRUCTION | 07588 208828 | — |
| decorator | Painter and Decorator Walsall | Top Quality Painting Contractors ... | 07954 333 229 | — |
| photographer | Dart Photography UK | Newborn Photography | 07305523296 | — |
Property Details
- Asking Price
- £60,000
- Property Type
- Flat
- Bedrooms
- 1
- Bathrooms
- N/A
- Est. Floor Area
- 600–700 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 1-bedroom comparable sales only.
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| Sector sale 1 | Flat | 1 | — | — | — | — |
| Sector sale 2 | Flat | 1 | — | — | — | — |
| Sector sale 3 | Flat | 1 | — | — | — | — |
| Sector sale 4 | Flat | 1 | — | — | — | — |
| Sector sale 5 | Flat | 1 | — | — | — | — |
| Sector sale 6 | Flat | 1 | — | — | — | — |
■ 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
Active — 6/10Behavioural signals: 200 days on marketBelow market value
Matched signals:
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £187 |
| ICR (actual) | 3.4x |
| 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 | £637/mo |
| Stress ratio | 3.09× (need ≥ 1.5×) +£328 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 |
| Cash left in deal | Unknown |
| SA gross/mo | £984 |
| SA net/mo | £716 |
| BTL est./mo | £637 |
| SA vs BTL uplift | +£347/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 | £7,644 | £61,800 | £5,059 | £2,809 | £4,609 | 20.9% |
| Yr 3 | £8,031 | £65,564 | £5,337 | £8,842 | £14,406 | 65.2% |
| Yr 5 | £8,438 | £69,556 | £5,630 | £15,454 | £25,011 | 113.2% |
| Yr 10 | £9,546 | £80,635 | £6,428 | £34,710 | £55,345 | 250.4% |
| Yr 15 | £10,801 | £93,478 | £7,332 | £58,267 | £91,745 | 415.1% |
| Yr 20 | £12,220 | £108,367 | £8,353 | £86,690 | £135,056 | 611.1% |
| Yr 25 | £13,826 | £125,627 | £9,510 | £120,618 | £186,245 | 842.7% |
| Yr 30 | £15,643 | £145,636 | £10,818 | £160,776 | £246,412 | 1115.0% |
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 — West Midlands ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £541 | 10.8% | 6.3% | £71 | 0.7% |
| Conservative | £592 | 11.8% | 7.6% | £171 | 9.6% |
| Base | £637 | 12.7% | 8.4% | £234 | 13.3% |
| Optimistic | £688 | 13.8% | 9.4% | £303 | 17.7% |
| Bull | £752 | 15.0% | 10.7% | £384 | 23.3% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●12.74% |
| Net Yield | ●8.43% |
| Net Annual Income | £5,059 |
| Deductions: void 8% (−£612) · mgmt 10% (−£764) · maint 10% (−£764) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £187 |
| Monthly Cashflow (IO) | ●£235 |
| Cash-on-Cash Return | ●12.71% |
| 5-Year IRR | ●13.3% |
● 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 | £1,294 |
| 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 | £541 | 10.8% | 6.3% | £71 | 0.7% |
| Conservative | £592 | 11.8% | 7.6% | £171 | 9.6% |
| Base | £637 | 12.7% | 8.4% | £234 | 13.3% |
| Optimistic | £688 | 13.8% | 9.4% | £303 | 17.7% |
| Bull | £752 | 15.0% | 10.7% | £384 | 23.3% |