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Bungalow · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 46% below the area median — limited negotiation margin. Strong value at current asking price.
🔨 Refurb Cost Estimate
Estimated (no AI photo score yet) · North East rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £3,200 |
| Bathroom | £2,300 |
| Living Room | £1,400 |
| Hallway / Stairs | £500 |
| Master Bedroom | £1,600 |
| Bedroom 2 | £1,600 |
| 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 | Builders Middlesbrough | Project Management | Quality ... | 07960 485 880 | — |
| decorator | Decorator Teesside | Painters | Decorating Services | 07376 496299 | — |
| photographer | The Studio North East | 01642 205465 | — |
Property Details
- Asking Price
- £135,000
- Property Type
- Bungalow
- Bedrooms
- 2
- Bathrooms
- N/A
- Est. Floor Area
- 1,200–1,300 sqft (est.)
- 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
🔍 Filtered to 1-3-bedroom comparable sales only.
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| Sector sale 1 | Semi | 3 | — | — | — | — |
| Sector sale 2 | Terraced | 2 | — | — | — | — |
■ Above subject ■ Below subject
ⓘ Bedroom counts are estimated from EPC records or floor area, since Land Registry sales don’t record bedrooms directly.
Location
Motivated Seller Analysis
Standard — 2/10Behavioural signals: Below market value
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £421 |
| ICR (actual) | 1.52x |
| Feasibility | MARGINAL |
| Notes: Rental coverage 109% — below standard 145% threshold, may need larger deposit | |
| 💲 Total Cash Required | |
| Purchase Price | £135,000 |
| Deposit (25% — 75% LTV) | £33,750 |
| SDLT (additional property, 5% surcharge) | £6,950 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £43,699 |
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 | £135,000 | Loan (75% LTV) | £101,250 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £464 |
| Rent needed (1.5×) | £696/mo | Estimated rent | £640/mo |
| Stress ratio | 1.38× (need ≥ 1.5×) £56 shortfall | ||
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) | £155,250 |
| 75% remortgage | £116,438 |
| Cash left in deal | £28,762 (35% recycled) |
| Est. BTL cashflow | £-69/mo |
| Gross margin | £-35,000 |
| Reno cost (est.) | –£10,200 |
| Buy + sell costs | –£12,050 |
| Net profit | £-57,250 (-130.3% ROI) |
| SA gross/mo | £1,040 |
| SA net/mo | £765 |
| BTL est./mo | £640 |
| SA vs BTL uplift | +£400/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £145,380 | +£10,380 | £38,678 | +£4,928 (3.7%) |
| 5 years | £152,740 | +£17,740 | £44,161 | +£10,411 (7.7%) |
| 7 years | £160,473 | +£25,473 | £49,922 | +£16,172 (12.0%) |
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 | £7,682 | £139,050 | £5,086 | £23 | £4,073 | 9.1% |
| Yr 3 | £8,070 | £147,518 | £5,366 | £488 | £13,006 | 29.0% |
| Yr 5 | £8,479 | £156,502 | £5,660 | £1,534 | £23,036 | 51.4% |
| Yr 10 | £9,593 | £181,429 | £6,462 | £6,887 | £53,316 | 119.0% |
| Yr 15 | £10,854 | £210,326 | £7,370 | £16,563 | £91,889 | 205.1% |
| Yr 20 | £12,280 | £243,825 | £8,397 | £31,129 | £139,954 | 312.4% |
| Yr 25 | £13,894 | £282,660 | £9,558 | £51,228 | £198,888 | 443.9% |
| Yr 30 | £15,719 | £327,680 | £10,873 | £77,587 | £270,267 | 603.3% |
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 | £544 | 4.8% | 2.8% | £-232 | -13.7% |
| Conservative | £595 | 5.3% | 3.4% | £-85 | -2.2% |
| Base | £640 | 5.7% | 3.8% | £2 | 2.6% |
| Optimistic | £691 | 6.1% | 4.2% | £95 | 8.0% |
| Bull | £755 | 6.7% | 4.8% | £199 | 14.9% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●5.69% |
| Net Yield | ●3.77% |
| Net Annual Income | £5,085 |
| Deductions: void 8% (−£615) · mgmt 10% (−£768) · maint 10% (−£768) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £421 |
| Monthly Cashflow (IO) | ●£3 |
| Cash-on-Cash Return | ●0.05% |
| 5-Year IRR | ●2.6% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £6,950 |
| SDLT Effective Rate | 5.15% |
| SDLT (Company) | £6,950 |
| Section 24 Extra Tax/yr (higher rate) | £1,013 |
| SPV Annual Saving | £1,439 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £156,502 |
| Less: Purchase Price | −£135,000 |
| Less: Buying Costs (SDLT + legal) | −£9,550 |
| Less: Selling Costs (est. 2.5%) | −£3,913 |
| = CGT Net Gain (5yr) | £8,039 |
| CGT at 24% | £1,209 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £544 | 4.8% | 2.8% | £-232 | -13.7% |
| Conservative | £595 | 5.3% | 3.4% | £-85 | -2.2% |
| Base | £640 | 5.7% | 3.8% | £2 | 2.6% |
| Optimistic | £691 | 6.1% | 4.2% | £95 | 8.0% |
| Bull | £755 | 6.7% | 4.8% | £199 | 14.9% |
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