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Flat · 1 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 33% above the area median. Offers anchored to area median of £87,000. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 Refurb Cost Estimate
AI condition score: 6/10 · North East rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £1,550 |
| Bathroom | £1,150 |
| Living Room | £650 |
| Master Bedroom | £1,550 |
| Entrance Hall | £200 |
| Total Estimated Refurb | £4,250 |
⚠ 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
- £116,000
- Property Type
- Flat
- Bedrooms
- 1
- Bathrooms
- N/A
- Floor Area
- 500–600 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 | £6,925 | £119,480 | £4,541 | £191 | £3,671 | 9.4% |
| Yr 3 | £7,276 | £126,756 | £4,794 | £951 | £11,707 | 30.1% |
| Yr 5 | £7,644 | £134,476 | £5,059 | £2,234 | £20,710 | 53.2% |
| Yr 10 | £8,649 | £155,894 | £5,782 | £7,912 | £47,806 | 122.9% |
| Yr 15 | £9,785 | £180,724 | £6,600 | £17,486 | £82,210 | 211.3% |
| Yr 20 | £11,071 | £209,509 | £7,526 | £31,469 | £124,978 | 321.3% |
| Yr 25 | £12,526 | £242,878 | £8,574 | £50,441 | £177,319 | 455.8% |
| Yr 30 | £14,172 | £281,562 | £9,759 | £75,055 | £240,618 | 618.6% |
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 East England ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £490 | 5.1% | 2.9% | £-190 | -13.3% |
| Conservative | £537 | 5.6% | 3.5% | £-60 | -1.9% |
| Base | £577 | 6.0% | 3.9% | £16 | 2.8% |
| Optimistic | £623 | 6.4% | 4.4% | £98 | 8.2% |
| Bull | £681 | 7.0% | 5.0% | £190 | 15.0% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●5.97% |
| Net Yield | ●3.91% |
| Net Annual Income | £4,540 |
| Deductions: void 8% (−£554) · mgmt 10% (−£693) · maint 10% (−£693) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £362 |
| Monthly Cashflow (IO) | ●£16 |
| Cash-on-Cash Return | ●0.49% |
| 5-Year IRR | ●2.8% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £5,800 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £5,800 |
| Section 24 Extra Tax/yr (higher rate) | £870 |
| SPV Annual Saving | £1,298 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £134,476 |
| Less: Purchase Price | −£116,000 |
| Less: Buying Costs (SDLT + legal) | −£8,400 |
| Less: Selling Costs (est. 2.5%) | −£3,362 |
| = CGT Net Gain (5yr) | £6,714 |
| CGT at 24% | £891 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £490 | 5.1% | 2.9% | £-190 | -13.3% |
| Conservative | £537 | 5.6% | 3.5% | £-60 | -1.9% |
| Base | £577 | 6.0% | 3.9% | £16 | 2.8% |
| Optimistic | £623 | 6.4% | 4.4% | £98 | 8.2% |
| Bull | £681 | 7.0% | 5.0% | £190 | 15.0% |
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