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Flat · 1 bed
Supports major UK property portals
Suggested Offer Range
Already 59% below the comparable sales mean — limited negotiation margin. Strong value at current asking price.
🔨 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 | £3,450 |
| 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 | Building Contractor in Hull, House Extensions in Hull | 01482 714 371 | — |
| decorator | Painting and decorating from Mike Walker Painter & Decorator in Hull | 07792 262 861 | — |
| photographer | Darryl Brooks Photography | 07762 484541 | — |
Property Details
- Asking Price
- £54,000
- Property Type
- Flat
- Bedrooms
- 1
- Bathrooms
- N/A
- 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 1-2-bedroom comparable sales only.
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| Sector sale 1 | Flat | 2 | — | — | — | — |
| Sector sale 2 | Flat | 2 | — | — | — | — |
| Sector sale 3 | Flat | 2 | — | — | — | — |
| Sector sale 4 | Flat | 2 | — | — | — | — |
■ Above subject ■ Below subject
Based on 4 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
Watch — 4/10Behavioural signals: 122 days on marketBelow market value
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £168 |
| ICR (actual) | 2.89x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £54,000 |
| Deposit (25% — 75% LTV) | £13,500 |
| SDLT (additional property, 5% surcharge) | £2,700 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £19,199 |
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 | £54,000 | Loan (75% LTV) | £40,500 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £186 |
| Rent needed (1.5×) | £278/mo | Estimated rent | £487/mo |
| Stress ratio | 2.62× (need ≥ 1.5×) +£209 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) | £134,000 |
| 75% remortgage | £100,500 |
| Cash left in deal | £0 (100% recycled) |
| Est. BTL cashflow | £-102/mo |
| Gross margin | +£80,000 |
| Reno cost (est.) | –£10,800 |
| Buy + sell costs | –£8,310 |
| Net profit | +£60,890 (250.6% ROI) |
| SA gross/mo | £984 |
| SA net/mo | £716 |
| BTL est./mo | £487 |
| SA vs BTL uplift | +£497/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £58,152 | +£4,152 | £15,003 | +£1,503 (2.8%) |
| 5 years | £61,096 | +£7,096 | £17,197 | +£3,697 (6.8%) |
| 7 years | £64,189 | +£10,189 | £19,501 | +£6,001 (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 | £5,843 | £55,620 | £3,762 | £1,737 | £3,357 | 16.5% |
| Yr 3 | £6,139 | £59,007 | £3,975 | £5,529 | £10,536 | 51.9% |
| Yr 5 | £6,449 | £62,601 | £4,199 | £9,762 | £18,363 | 90.5% |
| Yr 10 | £7,297 | £72,571 | £4,809 | £22,431 | £41,002 | 202.0% |
| Yr 15 | £8,256 | £84,130 | £5,499 | £38,386 | £68,517 | 337.5% |
| Yr 20 | £9,341 | £97,530 | £6,280 | £58,062 | £101,592 | 500.5% |
| Yr 25 | £10,568 | £113,064 | £7,164 | £81,945 | £141,009 | 694.6% |
| Yr 30 | £11,957 | £131,072 | £8,164 | £110,591 | £187,663 | 924.4% |
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: 200 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £414 | 9.2% | 5.2% | £13 | -4.6% |
| Conservative | £453 | 10.1% | 6.2% | £94 | 5.0% |
| Base | £487 | 10.8% | 7.0% | £145 | 8.9% |
| Optimistic | £526 | 11.7% | 7.8% | £200 | 13.5% |
| Bull | £575 | 12.8% | 8.9% | £265 | 19.4% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●10.82% |
| Net Yield | ●6.97% |
| Net Annual Income | £3,763 |
| Deductions: void 8% (−£467) · mgmt 10% (−£584) · maint 10% (−£584) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £168 |
| Monthly Cashflow (IO) | ●£146 |
| Cash-on-Cash Return | ●8.56% |
| 5-Year IRR | ●8.9% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £2,700 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £2,700 |
| Section 24 Extra Tax/yr (higher rate) | £405 |
| SPV Annual Saving | £1,031 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £62,601 |
| Less: Purchase Price | −£54,000 |
| Less: Buying Costs (SDLT + legal) | −£5,300 |
| Less: Selling Costs (est. 2.5%) | −£1,565 |
| = CGT Net Gain (5yr) | £1,736 |
| CGT at 24% | £— |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £414 | 9.2% | 5.2% | £13 | -4.6% |
| Conservative | £453 | 10.1% | 6.2% | £94 | 5.0% |
| Base | £487 | 10.8% | 7.0% | £145 | 8.9% |
| Optimistic | £526 | 11.7% | 7.8% | £200 | 13.5% |
| Bull | £575 | 12.8% | 8.9% | £265 | 19.4% |
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