🔒 Sign in to view the address — Gateshead
Flat · 2 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 12% above the area median. Offers anchored to area median of £74,000. 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 | £800 |
| Bedroom 2 | £800 |
| 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
- £83,000
- Property Type
- Flat
- 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 | £8,474 | £85,490 | £5,656 | £2,544 | £5,034 | 17.4% |
| Yr 3 | £8,903 | £90,696 | £5,965 | £8,093 | £15,790 | 54.4% |
| Yr 5 | £9,354 | £96,220 | £6,290 | £14,284 | £27,504 | 94.8% |
| Yr 10 | £10,583 | £111,545 | £7,175 | £32,782 | £61,327 | 211.5% |
| Yr 15 | £11,974 | £129,311 | £8,176 | £56,049 | £102,360 | 353.0% |
| Yr 20 | £13,547 | £149,907 | £9,309 | £84,711 | £151,618 | 522.8% |
| Yr 25 | £15,328 | £173,784 | £10,591 | £119,476 | £210,260 | 725.0% |
| Yr 30 | £17,342 | £201,463 | £12,041 | £161,147 | £279,610 | 964.2% |
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 | £600 | 8.7% | 5.1% | £16 | -3.6% |
| Conservative | £657 | 9.5% | 6.1% | £137 | 6.1% |
| Base | £706 | 10.2% | 6.8% | £212 | 10.2% |
| Optimistic | £762 | 11.0% | 7.6% | £294 | 14.9% |
| Bull | £833 | 12.0% | 8.6% | £389 | 21.0% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●10.21% |
| Net Yield | ●6.81% |
| Net Annual Income | £5,655 |
| Deductions: void 8% (−£678) · mgmt 10% (−£847) · maint 10% (−£847) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £259 |
| Monthly Cashflow (IO) | ●£212 |
| Cash-on-Cash Return | ●8.77% |
| 5-Year IRR | ●10.2% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £4,150 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £4,150 |
| Section 24 Extra Tax/yr (higher rate) | £623 |
| SPV Annual Saving | £1,453 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £96,220 |
| Less: Purchase Price | −£83,000 |
| Less: Buying Costs (SDLT + legal) | −£6,750 |
| Less: Selling Costs (est. 2.5%) | −£2,405 |
| = CGT Net Gain (5yr) | £4,065 |
| CGT at 24% | £256 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £600 | 8.7% | 5.1% | £16 | -3.6% |
| Conservative | £657 | 9.5% | 6.1% | £137 | 6.1% |
| Base | £706 | 10.2% | 6.8% | £212 | 10.2% |
| Optimistic | £762 | 11.0% | 7.6% | £294 | 14.9% |
| Bull | £833 | 12.0% | 8.6% | £389 | 21.0% |
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