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Penthouse · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 18% 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 West rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £3,400 |
| Bathroom | £2,500 |
| Living Room | £1,450 |
| Hallway / Stairs | £550 |
| Master Bedroom | £1,700 |
| Bedroom 2 | £1,700 |
| 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 | Builders in Manchester | Extensions, Roofing & Brickwork | 0161 506 8790 | — |
| decorator | Top Residential Decorators in Manchester | Ever Prime Painters I ... | 07359 772816 | — |
| photographer | Professional Photographer Manchester | +447400925109 | — |
Property Details
- Asking Price
- £260,000
- Property Type
- Penthouse
- Bedrooms
- 2
- 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 | £14,508 | £267,800 | £10,001 | £251 | £8,051 | 9.5% |
| Yr 3 | £15,242 | £284,109 | £10,530 | £1,542 | £25,651 | 30.1% |
| Yr 5 | £16,014 | £301,411 | £11,085 | £3,931 | £45,343 | 53.3% |
| Yr 10 | £18,119 | £349,418 | £12,600 | £15,078 | £104,496 | 122.8% |
| Yr 15 | £20,499 | £405,072 | £14,315 | £34,388 | £179,459 | 210.9% |
| Yr 20 | £23,193 | £469,589 | £16,254 | £62,933 | £272,522 | 320.2% |
| Yr 25 | £26,241 | £544,382 | £18,449 | £101,929 | £386,311 | 453.9% |
| Yr 30 | £29,689 | £631,088 | £20,931 | £152,747 | £523,835 | 615.6% |
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 West England ⓘ What are deciles?
📄 Lease Information
Estimated remaining lease: 242 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,028 | 4.7% | 2.9% | £-425 | -13.2% |
| Conservative | £1,125 | 5.2% | 3.5% | £-143 | -1.8% |
| Base | £1,210 | 5.6% | 3.8% | £22 | 3.0% |
| Optimistic | £1,307 | 6.0% | 4.3% | £199 | 8.4% |
| Bull | £1,428 | 6.6% | 4.8% | £398 | 15.3% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●5.58% |
| Net Yield | ●3.85% |
| Net Annual Income | £10,009 |
| Deductions: void 8% (−£1,161) · mgmt 10% (−£1,451) · maint 10% (−£1,451) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £811 |
| Monthly Cashflow (IO) | ●£23 |
| Cash-on-Cash Return | ●0.3% |
| 5-Year IRR | ●3.0% |
● 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 | £2,631 |
| 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 | £1,028 | 4.7% | 2.9% | £-425 | -13.2% |
| Conservative | £1,125 | 5.2% | 3.5% | £-143 | -1.8% |
| Base | £1,210 | 5.6% | 3.8% | £22 | 3.0% |
| Optimistic | £1,307 | 6.0% | 4.3% | £199 | 8.4% |
| Bull | £1,428 | 6.6% | 4.8% | £398 | 15.3% |
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