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Flat · 3 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 17% above the area median. Offers anchored to area median of £60,000. 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 | £1,050 |
| Bedroom 2 | £1,050 |
| Bedroom 3 | £1,050 |
| 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
- £70,000
- Property Type
- Flat
- Bedrooms
- 3
- 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 | £14,112 | £72,100 | £9,716 | £7,091 | £9,191 | 36.6% |
| Yr 3 | £14,826 | £76,491 | £10,230 | £22,040 | £28,531 | 113.7% |
| Yr 5 | £15,577 | £81,149 | £10,770 | £38,058 | £49,207 | 196.0% |
| Yr 10 | £17,624 | £94,074 | £12,244 | £83,134 | £107,208 | 427.1% |
| Yr 15 | £19,940 | £109,058 | £13,912 | £136,150 | £175,208 | 698.0% |
| Yr 20 | £22,560 | £126,428 | £15,798 | £198,150 | £254,578 | 1014.3% |
| Yr 25 | £25,525 | £146,564 | £17,933 | £270,315 | £346,879 | 1382.0% |
| Yr 30 | £28,879 | £169,908 | £20,348 | £353,980 | £453,888 | 1808.3% |
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
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● Approved ● Pending ● Refused
🌎 Area Profile — North East England ⓘ What are deciles?
📄 Lease Information
Estimated remaining lease: 976 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,000 | 17.1% | 10.5% | £328 | 19.1% |
| Conservative | £1,094 | 18.7% | 12.5% | £488 | 25.9% |
| Base | £1,176 | 20.2% | 13.9% | £591 | 29.0% |
| Optimistic | £1,270 | 21.8% | 15.5% | £706 | 32.6% |
| Bull | £1,388 | 23.8% | 17.4% | £843 | 37.3% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●20.16% |
| Net Yield | ●13.88% |
| Net Annual Income | £9,716 |
| Deductions: void 8% (−£1,129) · mgmt 10% (−£1,411) · maint 10% (−£1,411) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £218 |
| Monthly Cashflow (IO) | ●£592 |
| Cash-on-Cash Return | ●28.25% |
| 5-Year IRR | ●29.0% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £3,500 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £3,500 |
| Section 24 Extra Tax/yr (higher rate) | £525 |
| SPV Annual Saving | £2,218 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £81,149 |
| Less: Purchase Price | −£70,000 |
| Less: Buying Costs (SDLT + legal) | −£6,100 |
| Less: Selling Costs (est. 2.5%) | −£2,029 |
| = CGT Net Gain (5yr) | £3,020 |
| CGT at 24% | £5 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,000 | 17.1% | 10.5% | £328 | 19.1% |
| Conservative | £1,094 | 18.7% | 12.5% | £488 | 25.9% |
| Base | £1,176 | 20.2% | 13.9% | £591 | 29.0% |
| Optimistic | £1,270 | 21.8% | 15.5% | £706 | 32.6% |
| Bull | £1,388 | 23.8% | 17.4% | £843 | 37.3% |
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