🔒 Sign in to view the address
Apartment · 1 bed
Supports major UK property portals
Suggested Offer Range
Already 13% below the area median — some negotiation possible but limited margin. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 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 | Qazi Builders | 07964 582567 | — |
| decorator | C. F. Jones & Son, Bradford: Decorators | 07947 828500 | — |
| photographer | Ruth Agbolade Photography | 07517 815045 | — |
Property Details
- Asking Price
- £40,000
- Property Type
- Apartment
- Bedrooms
- 1
- Bathrooms
- N/A
- Est. Floor Area
- 400–500 sqft (est.)
- 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 | £6,000 | £41,200 | £3,875 | £2,375 | £3,575 | 22.2% |
| Yr 3 | £6,304 | £43,709 | £4,094 | £7,452 | £11,161 | 69.3% |
| Yr 5 | £6,623 | £46,371 | £4,323 | £12,982 | £19,353 | 120.2% |
| Yr 10 | £7,493 | £53,757 | £4,950 | £28,949 | £42,705 | 265.3% |
| Yr 15 | £8,478 | £62,319 | £5,659 | £48,291 | £70,610 | 438.6% |
| Yr 20 | £9,592 | £72,244 | £6,461 | £71,453 | £103,697 | 644.1% |
| Yr 25 | £10,852 | £83,751 | £7,369 | £98,937 | £142,688 | 886.3% |
| Yr 30 | £12,278 | £97,090 | £8,395 | £131,310 | £188,400 | 1170.2% |
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: 78 years. Below 85 years — approaching mortgage threshold; consider a lease extension.
| Item | Value |
|---|---|
| Current value (short lease) | £40,000 |
| Est. freehold / extended value | £42,105 |
| Marriage value (50% to freeholder) | £1,052 |
| Est. total extension cost | £1,157 |
| Potential uplift (after extending) | £948 |
Estimates based on Savills/RICS relativity tables. Seek a professional lease extension valuation before proceeding.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £425 | 12.8% | 7.2% | £77 | 2.4% |
| Conservative | £465 | 14.0% | 8.7% | £151 | 10.8% |
| Base | £500 | 15.0% | 9.7% | £198 | 14.2% |
| Optimistic | £540 | 16.2% | 10.9% | £250 | 18.3% |
| Bull | £590 | 17.7% | 12.3% | £311 | 23.5% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●15.0% |
| Net Yield | ●9.69% |
| Net Annual Income | £3,875 |
| Deductions: void 8% (−£480) · mgmt 10% (−£600) · maint 10% (−£600) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £125 |
| Monthly Cashflow (IO) | ●£198 |
| Cash-on-Cash Return | ●14.75% |
| 5-Year IRR | ●14.2% |
● 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 | £1,026 |
| 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 | £425 | 12.8% | 7.2% | £77 | 2.4% |
| Conservative | £465 | 14.0% | 8.7% | £151 | 10.8% |
| Base | £500 | 15.0% | 9.7% | £198 | 14.2% |
| Optimistic | £540 | 16.2% | 10.9% | £250 | 18.3% |
| Bull | £590 | 17.7% | 12.3% | £311 | 23.5% |
Run the numbers on this deal
Use our free Rental Yield Calculator to calculate gross yield, net yield, monthly cash flow, and mortgage stress tests.
Calculate Rental Yield →