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Flat · 2 bed
Supports major UK property portals
Suggested Offer Range
Close to comparable sales mean. Standard 3–10% negotiation range.
🔨 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 | £1,650 |
| Bedroom 2 | £1,650 |
| 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
- £76,000
- Property Type
- Flat
- Bedrooms
- 2
- Bathrooms
- N/A
- Floor Area
- 500–600 sqft
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
This listing is priced below the postcode sector benchmark.
Comparable Sales in this postcode sector
⚠️ Only 2 comparable sale(s) matched 2 bedrooms; showing all property types for context.
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| Sector sale 1 | Flat | 1 | — | — | — | — |
| Sector sale 2 | Flat | 1 | — | — | — | — |
| Sector sale 3 | Flat | 1 | — | — | — | — |
| Sector sale 4 | Flat | 1 | — | — | — | — |
| Sector sale 5 | Flat | 0 | — | — | — | — |
| Sector sale 6 | Flat | 1 | — | — | — | — |
| Sector sale 7 | Flat | 1 | — | — | — | — |
| Sector sale 8 | Flat | 2 | — | — | — | — |
| Sector sale 9 | Flat | 1 | — | — | — | — |
| Sector sale 10 | Flat | 2 | — | — | — | — |
■ Above subject ■ Below subject
Based on 10 comparable sales — Full Range (grey) · Typical IQR (blue) · Fair Value CI (light blue) · | Median · | Mean · Asking (▲)
ⓘ Bedroom counts are not available from Land Registry records. Comparables are matched by postcode sector and property type only.
Location
Motivated Seller Analysis
Watch — 5/10Behavioural signals: 110 days on marketBelow market value
Matched signals:
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £237 |
| ICR (actual) | 3.0x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £76,000 |
| Deposit (25% — 75% LTV) | £19,000 |
| SDLT (additional property, 5% surcharge) | £3,800 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £25,799 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
Tests lender affordability (rent vs. mortgage interest) — a different calculation from the BRRR Strategy card above, which tests capital recycled via refinance.
| Purchase price | £76,000 | Loan (75% LTV) | £57,000 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £261 |
| Rent needed (1.5×) | £392/mo | Estimated rent | £711/mo |
| Stress ratio | 2.72× (need ≥ 1.5×) +£319 surplus | ||
Assumptions: 75% LTV · 5.5% interest only · 1.5× rent coverage (standard lender requirement). Actual lender criteria vary — verify with your broker.
Exit Strategy
Capital appreciation projections at 2.5% pa (a flat UK-wide assumption — not adjusted for this property's specific location). Assumes 75% LTV interest-only mortgage redeemed on sale. Excludes rental income.
How is this calculated?
This is a simplified projection based on comparable sales data and an estimated refurb cost. It does not currently account for seller motivation signals, nearby planning applications, or the area's wider demographic profile — see the relevant sections elsewhere in this report for those. Not financial advice.
| Est. reno cost | Unknown — score listing |
| GDV (comp median) | £82,000 |
| 75% remortgage | £61,500 |
| Cash left in deal | £24,700 (15% recycled) |
| Est. BTL cashflow | +£206/mo |
| Gross margin | +£6,000 |
| Reno cost (est.) | –£10,200 |
| Buy + sell costs | –£8,630 |
| Net profit | £-12,830 (-43.9% ROI) |
| SA gross/mo | £1,073 |
| SA net/mo | £794 |
| BTL est./mo | £711 |
| SA vs BTL uplift | +£362/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £81,844 | +£5,844 | £21,434 | +£2,434 (3.2%) |
| 5 years | £85,987 | +£9,987 | £24,520 | +£5,520 (7.3%) |
| 7 years | £90,340 | +£14,340 | £27,763 | +£8,763 (11.5%) |
Projections: 2.5% pa UK-wide HPI assumption (not location-adjusted), 75% LTV IO mortgage redeemed at sale, 1.5% EA, £1,500 legal, 24% CGT above £3k allowance. Not financial advice.
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📈 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 | £8,535 | £78,280 | £5,700 | £2,850 | £5,130 | 19.1% |
| Yr 3 | £8,967 | £83,047 | £6,011 | £9,015 | £16,062 | 59.7% |
| Yr 5 | £9,421 | £88,105 | £6,338 | £15,825 | £27,930 | 103.8% |
| Yr 10 | £10,659 | £102,138 | £7,229 | £35,895 | £62,033 | 230.6% |
| Yr 15 | £12,059 | £118,406 | £8,238 | £60,768 | £103,173 | 383.5% |
| Yr 20 | £13,644 | £137,264 | £9,379 | £91,073 | £152,338 | 566.3% |
| Yr 25 | £15,437 | £159,127 | £10,670 | £127,526 | £210,653 | 783.1% |
| Yr 30 | £17,466 | £184,472 | £12,130 | £170,935 | £279,407 | 1038.7% |
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
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 | £604 | 9.5% | 5.6% | £47 | -1.5% |
| Conservative | £661 | 10.4% | 6.7% | £165 | 7.8% |
| Base | £711 | 11.2% | 7.5% | £237 | 11.8% |
| Optimistic | £768 | 12.1% | 8.4% | £317 | 16.4% |
| Bull | £839 | 13.2% | 9.5% | £411 | 22.2% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●11.23% |
| Net Yield | ●7.5% |
| Net Annual Income | £5,698 |
| Deductions: void 8% (−£683) · mgmt 10% (−£853) · maint 10% (−£853) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £237 |
| Monthly Cashflow (IO) | ●£238 |
| Cash-on-Cash Return | ●10.59% |
| 5-Year IRR | ●11.8% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £3,800 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £3,800 |
| Section 24 Extra Tax/yr (higher rate) | £570 |
| SPV Annual Saving | £1,448 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £88,105 |
| Less: Purchase Price | −£76,000 |
| Less: Buying Costs (SDLT + legal) | −£6,400 |
| Less: Selling Costs (est. 2.5%) | −£2,203 |
| = CGT Net Gain (5yr) | £3,502 |
| CGT at 24% | £120 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £604 | 9.5% | 5.6% | £47 | -1.5% |
| Conservative | £661 | 10.4% | 6.7% | £165 | 7.8% |
| Base | £711 | 11.2% | 7.5% | £237 | 11.8% |
| Optimistic | £768 | 12.1% | 8.4% | £317 | 16.4% |
| Bull | £839 | 13.2% | 9.5% | £411 | 22.2% |