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Apartment · 2 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 12% above the comparable sales mean. Offers anchored to comparable sales mean of £49,000.
🔨 Refurb Cost Estimate
Estimated (no AI photo score yet) · Yorkshire and The Humber rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £3,450 |
| Bathroom | £2,500 |
| Living Room | £1,500 |
| Master Bedroom | £1,750 |
| Bedroom 2 | £1,750 |
| Entrance Hall | £350 |
| Total Estimated Refurb | £10,800 |
⚠ 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 | Qazi Builders | 07964 582567 | — |
| decorator | C. F. Jones & Son, Bradford: Decorators | 07947 828500 | — |
| photographer | Ruth Agbolade Photography | 07517 815045 | — |
Property Details
- Asking Price
- £55,000
- Property Type
- Apartment
- Bedrooms
- 2
- Bathrooms
- N/A
- Occupancy
- 🔒 Currently Tenanted
- Est. Floor Area
- 600–700 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 | Flat | 1 | — | — | — | — |
| Sector sale 2 | Flat | 2 | — | — | — | — |
| Sector sale 3 | Flat | 2 | — | — | — | — |
| Sector sale 4 | Flat | 1 | — | — | — | — |
| Sector sale 5 | Flat | 2 | — | — | — | — |
■ Above subject ■ Below subject
Based on 5 comparable sales — Full Range (grey) · Typical IQR (blue) · Fair Value CI (light blue) · | Median · | Mean · Asking (▲)
ⓘ Bedroom counts are estimated from EPC records or floor area, since Land Registry sales don’t record bedrooms directly.
Location
Motivated Seller Analysis
Active — 6/10Behavioural signals: Tenanted investment
Matched signals:
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £172 |
| ICR (actual) | 3.87x |
| Feasibility | PASS |
| Notes: Lease 81 yrs — some lenders may decline or require extension before completion | |
| 💲 Total Cash Required | |
| Purchase Price | £55,000 |
| Deposit (25% — 75% LTV) | £13,750 |
| SDLT (additional property, 5% surcharge) | £2,750 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £19,499 |
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 | £55,000 | Loan (75% LTV) | £41,250 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £189 |
| Rent needed (1.5×) | £284/mo | Estimated rent | £664/mo |
| Stress ratio | 3.51× (need ≥ 1.5×) +£380 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) | £63,250 |
| 75% remortgage | £47,437 |
| Cash left in deal | £18,363 (25% recycled) |
| Est. BTL cashflow | +£234/mo |
| Gross margin | £-8,000 |
| Reno cost (est.) | –£10,800 |
| Buy + sell costs | –£7,055 |
| Net profit | £-25,855 (-105.3% ROI) |
| SA gross/mo | £1,040 |
| SA net/mo | £765 |
| BTL est./mo | £664 |
| SA vs BTL uplift | +£376/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £59,229 | +£4,229 | £15,296 | +£1,546 (2.8%) |
| 5 years | £62,227 | +£7,227 | £17,529 | +£3,779 (6.9%) |
| 7 years | £65,378 | +£10,378 | £19,876 | +£6,126 (11.1%) |
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 | £7,970 | £56,650 | £5,293 | £3,231 | £4,881 | 23.7% |
| Yr 3 | £8,373 | £60,100 | £5,584 | £10,126 | £15,226 | 73.9% |
| Yr 5 | £8,797 | £63,760 | £5,889 | £17,624 | £26,384 | 128.1% |
| Yr 10 | £9,953 | £73,915 | £6,721 | £39,210 | £58,126 | 282.2% |
| Yr 15 | £11,261 | £85,688 | £7,663 | £65,282 | £95,970 | 465.9% |
| Yr 20 | £12,740 | £99,336 | £8,728 | £96,426 | £140,762 | 683.3% |
| Yr 25 | £14,415 | £115,158 | £9,934 | £133,311 | £193,469 | 939.2% |
| Yr 30 | £16,309 | £133,499 | £11,297 | £176,690 | £255,190 | 1238.8% |
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 — Yorkshire ⓘ What are deciles?
📄 Lease Information
Estimated remaining lease: 81 years. Below 85 years — approaching mortgage threshold; consider a lease extension.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £564 | 12.3% | 7.2% | £106 | 4.1% |
| Conservative | £618 | 13.5% | 8.6% | £206 | 12.5% |
| Base | £664 | 14.5% | 9.6% | £269 | 16.0% |
| Optimistic | £717 | 15.6% | 10.8% | £339 | 20.2% |
| Bull | £784 | 17.1% | 12.2% | £421 | 25.6% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●14.49% |
| Net Yield | ●9.62% |
| Net Annual Income | £5,292 |
| Deductions: void 8% (−£638) · mgmt 10% (−£797) · maint 10% (−£797) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £172 |
| Monthly Cashflow (IO) | ●£269 |
| Cash-on-Cash Return | ●15.68% |
| 5-Year IRR | ●16.0% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £2,750 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £2,750 |
| Section 24 Extra Tax/yr (higher rate) | £413 |
| SPV Annual Saving | £1,330 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £63,760 |
| Less: Purchase Price | −£55,000 |
| Less: Buying Costs (SDLT + legal) | −£5,350 |
| Less: Selling Costs (est. 2.5%) | −£1,594 |
| = CGT Net Gain (5yr) | £1,816 |
| CGT at 24% | £— |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £564 | 12.3% | 7.2% | £106 | 4.1% |
| Conservative | £618 | 13.5% | 8.6% | £206 | 12.5% |
| Base | £664 | 14.5% | 9.6% | £269 | 16.0% |
| Optimistic | £717 | 15.6% | 10.8% | £339 | 20.2% |
| Bull | £784 | 17.1% | 12.2% | £421 | 25.6% |
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