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Flat · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 21% below the area median — limited negotiation margin. Strong value at current asking price. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 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
- £115,000
- Property Type
- Flat
- Bedrooms
- 2
- Bathrooms
- N/A
- Est. Floor Area
- 700–800 sqft (est.)
- 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 | £11,902 | £118,450 | £8,125 | £3,812 | £7,262 | 18.8% |
| Yr 3 | £12,505 | £125,664 | £8,559 | £12,085 | £22,749 | 58.9% |
| Yr 5 | £13,138 | £133,317 | £9,014 | £21,258 | £39,575 | 102.5% |
| Yr 10 | £14,865 | £154,550 | £10,258 | £48,436 | £87,986 | 227.9% |
| Yr 15 | £16,818 | £179,166 | £11,664 | £82,311 | £146,477 | 379.5% |
| Yr 20 | £19,028 | £207,703 | £13,255 | £123,763 | £216,465 | 560.8% |
| Yr 25 | £21,528 | £240,784 | £15,055 | £173,788 | £299,572 | 776.1% |
| Yr 30 | £24,357 | £279,135 | £17,092 | £233,512 | £397,648 | 1030.2% |
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?
📄 Lease Information
Estimated remaining lease: 88 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £843 | 8.8% | 5.3% | £44 | -1.8% |
| Conservative | £923 | 9.6% | 6.4% | £213 | 7.7% |
| Base | £992 | 10.4% | 7.1% | £318 | 11.8% |
| Optimistic | £1,071 | 11.2% | 7.9% | £432 | 16.6% |
| Bull | £1,171 | 12.2% | 8.9% | £565 | 22.7% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●10.35% |
| Net Yield | ●7.07% |
| Net Annual Income | £8,126 |
| Deductions: void 8% (−£952) · mgmt 10% (−£1,190) · maint 10% (−£1,190) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £359 |
| Monthly Cashflow (IO) | ●£318 |
| Cash-on-Cash Return | ●9.88% |
| 5-Year IRR | ●11.8% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £5,750 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £5,750 |
| Section 24 Extra Tax/yr (higher rate) | £863 |
| SPV Annual Saving | £1,994 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £133,317 |
| Less: Purchase Price | −£115,000 |
| Less: Buying Costs (SDLT + legal) | −£8,350 |
| Less: Selling Costs (est. 2.5%) | −£3,333 |
| = CGT Net Gain (5yr) | £6,634 |
| CGT at 24% | £872 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £843 | 8.8% | 5.3% | £44 | -1.8% |
| Conservative | £923 | 9.6% | 6.4% | £213 | 7.7% |
| Base | £992 | 10.4% | 7.1% | £318 | 11.8% |
| Optimistic | £1,071 | 11.2% | 7.9% | £432 | 16.6% |
| Bull | £1,171 | 12.2% | 8.9% | £565 | 22.7% |
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