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Flat · 2 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 16% above the area median. Offers anchored to area median of £76,000. 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
- £89,000
- 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 | £8,473 | £91,670 | £5,655 | £2,318 | £4,988 | 16.2% |
| Yr 3 | £8,902 | £97,253 | £5,964 | £7,415 | £15,668 | 50.9% |
| Yr 5 | £9,352 | £103,175 | £6,289 | £13,153 | £27,329 | 88.7% |
| Yr 10 | £10,581 | £119,609 | £7,174 | £30,520 | £61,129 | 198.5% |
| Yr 15 | £11,972 | £138,659 | £8,175 | £52,655 | £102,314 | 332.2% |
| Yr 20 | £13,545 | £160,744 | £9,307 | £80,183 | £151,927 | 493.3% |
| Yr 25 | £15,325 | £186,346 | £10,589 | £113,814 | £211,160 | 685.6% |
| Yr 30 | £17,339 | £216,026 | £12,039 | £154,350 | £281,376 | 913.6% |
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
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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 | £600 | 8.1% | 4.8% | £-9 | -5.0% |
| Conservative | £657 | 8.9% | 5.7% | £117 | 4.9% |
| Base | £706 | 9.5% | 6.4% | £193 | 9.1% |
| Optimistic | £762 | 10.3% | 7.1% | £277 | 13.9% |
| Bull | £833 | 11.2% | 8.0% | £374 | 20.1% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●9.52% |
| Net Yield | ●6.35% |
| Net Annual Income | £5,655 |
| Deductions: void 8% (−£678) · mgmt 10% (−£847) · maint 10% (−£847) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £278 |
| Monthly Cashflow (IO) | ●£193 |
| Cash-on-Cash Return | ●7.52% |
| 5-Year IRR | ●9.1% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £4,450 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £4,450 |
| Section 24 Extra Tax/yr (higher rate) | £668 |
| SPV Annual Saving | £1,465 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £103,175 |
| Less: Purchase Price | −£89,000 |
| Less: Buying Costs (SDLT + legal) | −£7,050 |
| Less: Selling Costs (est. 2.5%) | −£2,579 |
| = CGT Net Gain (5yr) | £4,546 |
| CGT at 24% | £371 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £600 | 8.1% | 4.8% | £-9 | -5.0% |
| Conservative | £657 | 8.9% | 5.7% | £117 | 4.9% |
| Base | £706 | 9.5% | 6.4% | £193 | 9.1% |
| Optimistic | £762 | 10.3% | 7.1% | £277 | 13.9% |
| Bull | £833 | 11.2% | 8.0% | £374 | 20.1% |
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