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Flat · 1 bed
Supports major UK property portals
Suggested Offer Range
Already 23% below the area median — limited negotiation margin. Strong value at current asking price. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 Refurb Cost Estimate
Estimated (no AI photo score yet) · North East rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £3,250 |
| Bathroom | £2,400 |
| Living Room | £1,450 |
| Master Bedroom | £3,250 |
| Entrance Hall | £300 |
| Total Estimated Refurb | £10,200 |
⚠ 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 | DP Construction NE Ltd | Builders | Newcastle, UK | 0191 256 6655 | — |
| decorator | Painter & Decorator Newcastle | Gosforth | Jesmond | 0191 284 1798 | — |
| photographer | Geoff Love Photography: Wedding Photographer Newcastle | 04615625410 | — |
Property Details
- Asking Price
- £120,000
- Property Type
- Flat
- Bedrooms
- 1
- Bathrooms
- N/A
- Est. Floor Area
- 700–800 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 | £9,636 | £123,600 | £6,493 | £1,993 | £5,593 | 13.9% |
| Yr 3 | £10,124 | £131,127 | £6,844 | £6,503 | £17,631 | 44.0% |
| Yr 5 | £10,636 | £139,113 | £7,213 | £11,743 | £30,856 | 76.9% |
| Yr 10 | £12,034 | £161,270 | £8,220 | £28,278 | £69,548 | 173.4% |
| Yr 15 | £13,615 | £186,956 | £9,358 | £50,235 | £117,191 | 292.2% |
| Yr 20 | £15,405 | £216,733 | £10,646 | £78,327 | £175,060 | 436.6% |
| Yr 25 | £17,429 | £251,253 | £12,104 | £113,359 | £244,612 | 610.0% |
| Yr 30 | £19,719 | £291,271 | £13,753 | £156,243 | £327,515 | 816.7% |
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 | £683 | 6.8% | 4.1% | £-81 | -7.7% |
| Conservative | £747 | 7.5% | 4.9% | £73 | 2.7% |
| Base | £803 | 8.0% | 5.4% | £166 | 7.2% |
| Optimistic | £867 | 8.7% | 6.0% | £267 | 12.3% |
| Bull | £948 | 9.5% | 6.8% | £383 | 18.7% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●8.03% |
| Net Yield | ●5.41% |
| Net Annual Income | £6,493 |
| Deductions: void 8% (−£771) · mgmt 10% (−£964) · maint 10% (−£964) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £374 |
| Monthly Cashflow (IO) | ●£167 |
| Cash-on-Cash Return | ●4.97% |
| 5-Year IRR | ●7.2% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £6,000 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £6,000 |
| Section 24 Extra Tax/yr (higher rate) | £900 |
| SPV Annual Saving | £1,686 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £139,113 |
| Less: Purchase Price | −£120,000 |
| Less: Buying Costs (SDLT + legal) | −£8,600 |
| Less: Selling Costs (est. 2.5%) | −£3,478 |
| = CGT Net Gain (5yr) | £7,035 |
| CGT at 24% | £968 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £683 | 6.8% | 4.1% | £-81 | -7.7% |
| Conservative | £747 | 7.5% | 4.9% | £73 | 2.7% |
| Base | £803 | 8.0% | 5.4% | £166 | 7.2% |
| Optimistic | £867 | 8.7% | 6.0% | £267 | 12.3% |
| Bull | £948 | 9.5% | 6.8% | £383 | 18.7% |
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