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Terraced · 3 bed
Supports major UK property portals
Suggested Offer Range
Already 12% below the comparable sales mean — some negotiation possible but limited margin.
🔨 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 | £1,050 |
| Bedroom 2 | £1,050 |
| Bedroom 3 | £1,050 |
| 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 | Ager Building Services Ltd: Builders near me in Durham ... | 0191 622 4032 | — |
| decorator | Painter & Decorators in Durham | J Brien Decorator | 07850 792 711 | — |
| photographer | Durham City Studios | 0191 386 4486 | — |
Property Details
- Asking Price
- £40,000
- Property Type
- Terraced
- Bedrooms
- 3
- Bathrooms
- N/A
- Est. Floor Area
- 800–900 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 3-bedroom comparable sales only.
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| Sector sale 1 | Terraced | 3 | — | — | — | — |
| Sector sale 2 | Terraced | 3 | — | — | — | — |
| Sector sale 3 | Terraced | 3 | — | — | — | — |
| Sector sale 4 | Terraced | 3 | — | — | — | — |
■ Above subject ■ Below subject
Based on 10 comparable sales — Full Range (grey) · Typical IQR (blue) · Fair Value CI (light blue) · | Median · | Mean · Asking (▲)
CV = 42.9% (threshold: 40%). Comparable prices in this sector vary widely. This benchmark may not reliably represent this property’s value. Consider an independent RICS valuation before proceeding.
ⓘ Bedroom counts are not available from Land Registry records. Comparables are matched by postcode sector and property type only.
Location
Motivated Seller Analysis
Standard — 3/10Behavioural signals: 82 days on marketBelow market value
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £125 |
| ICR (actual) | 5.37x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £40,000 |
| Deposit (25% — 75% LTV) | £10,000 |
| SDLT (additional property, 5% surcharge) | £2,000 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £14,999 |
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 | £40,000 | Loan (75% LTV) | £30,000 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £138 |
| Rent needed (1.5×) | £206/mo | Estimated rent | £670/mo |
| Stress ratio | 4.87× (need ≥ 1.5×) +£464 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) | £47,000 |
| 75% remortgage | £35,250 |
| Cash left in deal | £14,950 (26% recycled) |
| Est. BTL cashflow | +£289/mo |
| Gross margin | +£7,000 |
| Reno cost (est.) | –£10,200 |
| Buy + sell costs | –£6,305 |
| Net profit | £-9,505 (-47.1% ROI) |
| SA gross/mo | £1,028 |
| SA net/mo | £755 |
| BTL est./mo | £670 |
| SA vs BTL uplift | +£358/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £43,076 | +£3,076 | £10,911 | +£911 (2.3%) |
| 5 years | £45,256 | +£5,256 | £12,536 | +£2,536 (6.3%) |
| 7 years | £47,547 | +£7,547 | £14,243 | +£4,243 (10.6%) |
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 | £8,040 | £41,200 | £5,344 | £3,844 | £5,044 | 31.3% |
| Yr 3 | £8,447 | £43,709 | £5,637 | £11,969 | £15,678 | 97.4% |
| Yr 5 | £8,875 | £46,371 | £5,945 | £20,703 | £27,074 | 168.2% |
| Yr 10 | £10,041 | £53,757 | £6,784 | £45,404 | £59,161 | 367.5% |
| Yr 15 | £11,360 | £62,319 | £7,734 | £74,629 | £96,948 | 602.2% |
| Yr 20 | £12,853 | £72,244 | £8,809 | £108,973 | £141,217 | 877.1% |
| Yr 25 | £14,542 | £83,751 | £10,025 | £149,107 | £192,859 | 1197.9% |
| Yr 30 | £16,453 | £97,090 | £11,401 | £195,794 | £252,884 | 1570.7% |
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 | £570 | 17.1% | 10.0% | £171 | 13.4% |
| Conservative | £623 | 18.7% | 12.0% | £262 | 20.4% |
| Base | £670 | 20.1% | 13.4% | £320 | 23.5% |
| Optimistic | £724 | 21.7% | 15.0% | £386 | 27.0% |
| Bull | £791 | 23.7% | 16.9% | £464 | 31.7% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●20.1% |
| Net Yield | ●13.36% |
| Net Annual Income | £5,344 |
| Deductions: void 8% (−£643) · mgmt 10% (−£804) · maint 10% (−£804) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £125 |
| Monthly Cashflow (IO) | ●£320 |
| Cash-on-Cash Return | ●23.88% |
| 5-Year IRR | ●23.5% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £2,000 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £2,000 |
| Section 24 Extra Tax/yr (higher rate) | £300 |
| SPV Annual Saving | £1,312 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £46,371 |
| Less: Purchase Price | −£40,000 |
| Less: Buying Costs (SDLT + legal) | −£4,600 |
| Less: Selling Costs (est. 2.5%) | −£1,159 |
| = CGT Net Gain (5yr) | £612 |
| CGT at 24% | £— |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £570 | 17.1% | 10.0% | £171 | 13.4% |
| Conservative | £623 | 18.7% | 12.0% | £262 | 20.4% |
| Base | £670 | 20.1% | 13.4% | £320 | 23.5% |
| Optimistic | £724 | 21.7% | 15.0% | £386 | 27.0% |
| Bull | £791 | 23.7% | 16.9% | £464 | 31.7% |
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