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Flat · 2 bed
Supports major UK property portals
Suggested Offer Range
Close to area median. Standard 3–10% negotiation range. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 Refurb Cost Estimate
AI condition score: 5/10 · London rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £5,550 |
| Bathroom | £4,050 |
| Living Room | £2,400 |
| Master Bedroom | £2,750 |
| Bedroom 2 | £2,750 |
| Entrance Hall | £550 |
| Total Estimated Refurb | £17,400 |
⚠ 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 | M Cole Builders: Builders | Building Services | Romford | 01708 755771 | — |
| decorator | Painters and Decorators Romford | Byron Quality Decorators | 01708 378 624 | — |
| photographer | Essex Wedding Photographer | Natural Wedding Photography | 07887 517 536 | — |
Property Details
- Asking Price
- £260,000
- Property Type
- Flat
- Bedrooms
- 2
- Bathrooms
- N/A
- Floor Area
- 600–700 sqft
- Article 4 Area
- ⚠️ Yes — SA/HMO may need planning consent
📈 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 | £20,462 | £267,800 | £14,288 | £4,538 | £12,338 | 14.5% |
| Yr 3 | £21,498 | £284,109 | £15,033 | £14,727 | £38,836 | 45.6% |
| Yr 5 | £22,586 | £301,411 | £15,817 | £26,465 | £67,876 | 79.8% |
| Yr 10 | £25,554 | £349,418 | £17,954 | £63,105 | £152,524 | 179.2% |
| Yr 15 | £28,912 | £405,072 | £20,372 | £111,260 | £256,331 | 301.2% |
| Yr 20 | £32,712 | £469,589 | £23,107 | £172,440 | £382,029 | 448.9% |
| Yr 25 | £37,010 | £544,382 | £26,202 | £248,359 | £532,741 | 626.0% |
| Yr 30 | £41,874 | £631,088 | £29,704 | £340,953 | £712,041 | 836.7% |
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)
1 planning application found within 0.5 miles — 🔒 sign in for references, descriptions and status
View all planning applications on your dashboard →
● Approved ● Pending ● Refused
🌎 Area Profile — Greater London ⓘ What are deciles?
📄 Lease Information
Estimated remaining lease: 110 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,449 | 6.7% | 4.2% | £-151 | -7.0% |
| Conservative | £1,586 | 7.3% | 5.0% | £179 | 3.3% |
| Base | £1,705 | 7.9% | 5.5% | £378 | 7.8% |
| Optimistic | £1,841 | 8.5% | 6.1% | £594 | 12.9% |
| Bull | £2,012 | 9.3% | 6.9% | £842 | 19.4% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●7.87% |
| Net Yield | ●5.49% |
| Net Annual Income | £14,286 |
| Deductions: void 8% (−£1,637) · mgmt 10% (−£2,046) · maint 10% (−£2,046) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £811 |
| Monthly Cashflow (IO) | ●£380 |
| Cash-on-Cash Return | ●5.33% |
| 5-Year IRR | ●7.8% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £16,000 |
| SDLT Effective Rate | 6.15% |
| SDLT (Company) | £16,000 |
| Section 24 Extra Tax/yr (higher rate) | £1,950 |
| SPV Annual Saving | £3,463 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £301,411 |
| Less: Purchase Price | −£260,000 |
| Less: Buying Costs (SDLT + legal) | −£18,600 |
| Less: Selling Costs (est. 2.5%) | −£7,535 |
| = CGT Net Gain (5yr) | £15,276 |
| CGT at 24% | £2,946 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,449 | 6.7% | 4.2% | £-151 | -7.0% |
| Conservative | £1,586 | 7.3% | 5.0% | £179 | 3.3% |
| Base | £1,705 | 7.9% | 5.5% | £378 | 7.8% |
| Optimistic | £1,841 | 8.5% | 6.1% | £594 | 12.9% |
| Bull | £2,012 | 9.3% | 6.9% | £842 | 19.4% |
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