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Flat · 2 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 27% above the area median. Offers anchored to area median of £96,000. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 Refurb Cost Estimate
Estimated (no AI photo score yet) · East Midlands rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £3,650 |
| Bathroom | £2,700 |
| Living Room | £1,550 |
| Master Bedroom | £1,800 |
| Bedroom 2 | £1,800 |
| Entrance Hall | £350 |
| Total Estimated Refurb | £11,400 |
⚠ 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 Leicester | Renovations, New Homes, Construction | 07795 322 737 | — |
| decorator | Painters and Decorators Leicester | Commercial & Domestic | 0116 4785346 | — |
| photographer | ZigZag Photography Leicester | 0116 2700995 | — |
Property Details
- Asking Price
- £123,000
- Property Type
- Flat
- Bedrooms
- 2
- Bathrooms
- N/A
- Floor Area
- 0–100 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 | £10,713 | £126,690 | £7,269 | £2,656 | £6,346 | 15.5% |
| Yr 3 | £11,256 | £134,405 | £7,659 | £8,552 | £19,957 | 48.7% |
| Yr 5 | £11,825 | £142,591 | £8,069 | £15,258 | £34,848 | 85.0% |
| Yr 10 | £13,379 | £165,302 | £9,188 | £35,843 | £78,145 | 190.6% |
| Yr 15 | £15,138 | £191,630 | £10,454 | £62,457 | £131,087 | 319.7% |
| Yr 20 | £17,127 | £222,152 | £11,886 | £95,891 | £195,042 | 475.7% |
| Yr 25 | £19,377 | £257,535 | £13,507 | £137,041 | £271,576 | 662.4% |
| Yr 30 | £21,924 | £298,553 | £15,340 | £186,922 | £362,475 | 884.1% |
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 — East Midlands ⓘ What are deciles?
📄 Lease Information
Estimated remaining lease: 102 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £759 | 7.4% | 4.5% | £-43 | -5.8% |
| Conservative | £830 | 8.1% | 5.3% | £121 | 4.3% |
| Base | £893 | 8.7% | 5.9% | £222 | 8.7% |
| Optimistic | £964 | 9.4% | 6.6% | £331 | 13.7% |
| Bull | £1,054 | 10.3% | 7.5% | £456 | 20.0% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●8.71% |
| Net Yield | ●5.91% |
| Net Annual Income | £7,271 |
| Deductions: void 8% (−£857) · mgmt 10% (−£1,071) · maint 10% (−£1,071) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £384 |
| Monthly Cashflow (IO) | ●£222 |
| Cash-on-Cash Return | ●6.48% |
| 5-Year IRR | ●8.7% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £6,150 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £6,150 |
| Section 24 Extra Tax/yr (higher rate) | £922 |
| SPV Annual Saving | £1,842 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £142,591 |
| Less: Purchase Price | −£123,000 |
| Less: Buying Costs (SDLT + legal) | −£8,750 |
| Less: Selling Costs (est. 2.5%) | −£3,565 |
| = CGT Net Gain (5yr) | £7,276 |
| CGT at 24% | £1,026 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £759 | 7.4% | 4.5% | £-43 | -5.8% |
| Conservative | £830 | 8.1% | 5.3% | £121 | 4.3% |
| Base | £893 | 8.7% | 5.9% | £222 | 8.7% |
| Optimistic | £964 | 9.4% | 6.6% | £331 | 13.7% |
| Bull | £1,054 | 10.3% | 7.5% | £456 | 20.0% |
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