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Apartment · 2 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 39% above the area median. Offers anchored to area median of £115,000. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 Refurb Cost Estimate
Estimated (no AI photo score yet) · North West rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £3,450 |
| Bathroom | £2,500 |
| Living Room | £1,500 |
| Master Bedroom | £1,750 |
| Bedroom 2 | £1,750 |
| Entrance Hall | £350 |
| Total Estimated Refurb | £10,800 |
⚠ 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 | Builders in Manchester | Extensions, Roofing & Brickwork | 0161 506 8790 | — |
| decorator | Top Residential Decorators in Manchester | Ever Prime Painters I ... | 07359 772816 | — |
| photographer | Professional Photographer Manchester | +447400925109 | — |
Property Details
- Asking Price
- £160,000
- Property Type
- Apartment
- Bedrooms
- 2
- Bathrooms
- N/A
- Est. Floor Area
- 600–700 sqft (est.)
- 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 | £14,512 | £164,800 | £10,004 | £4,004 | £8,804 | 16.7% |
| Yr 3 | £15,247 | £174,836 | £10,533 | £12,801 | £27,637 | 52.3% |
| Yr 5 | £16,019 | £185,484 | £11,088 | £22,696 | £48,180 | 91.3% |
| Yr 10 | £18,123 | £215,027 | £12,604 | £52,610 | £107,637 | 203.9% |
| Yr 15 | £20,505 | £249,275 | £14,319 | £90,689 | £179,964 | 340.8% |
| Yr 20 | £23,200 | £288,978 | £16,259 | £138,007 | £266,985 | 505.7% |
| Yr 25 | £26,248 | £335,004 | £18,454 | £195,777 | £370,782 | 702.2% |
| Yr 30 | £29,697 | £388,362 | £20,937 | £265,374 | £493,736 | 935.1% |
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 West England ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,028 | 7.7% | 4.7% | £-19 | -4.3% |
| Conservative | £1,125 | 8.4% | 5.6% | £201 | 5.5% |
| Base | £1,210 | 9.1% | 6.3% | £334 | 9.9% |
| Optimistic | £1,307 | 9.8% | 7.0% | £480 | 14.8% |
| Bull | £1,428 | 10.7% | 7.9% | £648 | 21.1% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●9.07% |
| Net Yield | ●6.26% |
| Net Annual Income | £10,009 |
| Deductions: void 8% (−£1,161) · mgmt 10% (−£1,451) · maint 10% (−£1,451) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £499 |
| Monthly Cashflow (IO) | ●£335 |
| Cash-on-Cash Return | ●7.59% |
| 5-Year IRR | ●9.9% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £8,700 |
| SDLT Effective Rate | 5.44% |
| SDLT (Company) | £8,700 |
| Section 24 Extra Tax/yr (higher rate) | £1,200 |
| SPV Annual Saving | £2,444 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £185,484 |
| Less: Purchase Price | −£160,000 |
| Less: Buying Costs (SDLT + legal) | −£11,300 |
| Less: Selling Costs (est. 2.5%) | −£4,637 |
| = CGT Net Gain (5yr) | £9,547 |
| CGT at 24% | £1,571 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,028 | 7.7% | 4.7% | £-19 | -4.3% |
| Conservative | £1,125 | 8.4% | 5.6% | £201 | 5.5% |
| Base | £1,210 | 9.1% | 6.3% | £334 | 9.9% |
| Optimistic | £1,307 | 9.8% | 7.0% | £480 | 14.8% |
| Bull | £1,428 | 10.7% | 7.9% | £648 | 21.1% |
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