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Flat · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 38% 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) · 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 | Absolute Builders Ltd: Nottingham Builders | 01158 967 485 | — |
| decorator | Painting & Decorating | Painting and Decorating Nottingham | +44 7568746845 | — |
| photographer | Nottingham Wedding Photographer | Alison Edwards | 07977 499473 | — |
Property Details
- Asking Price
- £85,000
- Property Type
- Flat
- Bedrooms
- 2
- Bathrooms
- N/A
- Est. Floor Area
- 600–700 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 | £10,880 | £87,550 | £7,389 | £4,201 | £6,751 | 22.8% |
| Yr 3 | £11,431 | £92,882 | £7,785 | £13,196 | £21,078 | 71.2% |
| Yr 5 | £12,009 | £98,538 | £8,202 | £23,013 | £36,552 | 123.5% |
| Yr 10 | £13,588 | £114,233 | £9,338 | £51,438 | £80,671 | 272.5% |
| Yr 15 | £15,373 | £132,427 | £10,624 | £85,984 | £133,411 | 450.7% |
| Yr 20 | £17,393 | £153,519 | £12,078 | £127,457 | £195,976 | 662.1% |
| Yr 25 | £19,679 | £177,971 | £13,724 | £176,766 | £269,737 | 911.3% |
| Yr 30 | £22,265 | £206,317 | £15,586 | £234,941 | £356,259 | 1203.6% |
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
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● Approved ● Pending ● Refused
🌎 Area Profile — East Midlands ⓘ What are deciles?
📄 Lease Information
Estimated remaining lease: 79 years. Below 85 years — approaching mortgage threshold; consider a lease extension.
| Item | Value |
|---|---|
| Current value (short lease) | £85,000 |
| Est. freehold / extended value | £89,474 |
| Marriage value (50% to freeholder) | £2,237 |
| Est. total extension cost | £2,461 |
| Potential uplift (after extending) | £2,013 |
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 | £771 | 10.9% | 6.6% | £119 | 3.0% |
| Conservative | £844 | 11.9% | 7.8% | £261 | 11.7% |
| Base | £907 | 12.8% | 8.7% | £350 | 15.5% |
| Optimistic | £980 | 13.8% | 9.7% | £449 | 19.9% |
| Bull | £1,070 | 15.1% | 11.0% | £564 | 25.6% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●12.8% |
| Net Yield | ●8.7% |
| Net Annual Income | £7,391 |
| Deductions: void 8% (−£870) · mgmt 10% (−£1,088) · maint 10% (−£1,088) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £265 |
| Monthly Cashflow (IO) | ●£351 |
| Cash-on-Cash Return | ●14.2% |
| 5-Year IRR | ●15.5% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £4,250 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £4,250 |
| Section 24 Extra Tax/yr (higher rate) | £638 |
| SPV Annual Saving | £1,794 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £98,538 |
| Less: Purchase Price | −£85,000 |
| Less: Buying Costs (SDLT + legal) | −£6,850 |
| Less: Selling Costs (est. 2.5%) | −£2,463 |
| = CGT Net Gain (5yr) | £4,225 |
| CGT at 24% | £294 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £771 | 10.9% | 6.6% | £119 | 3.0% |
| Conservative | £844 | 11.9% | 7.8% | £261 | 11.7% |
| Base | £907 | 12.8% | 8.7% | £350 | 15.5% |
| Optimistic | £980 | 13.8% | 9.7% | £449 | 19.9% |
| Bull | £1,070 | 15.1% | 11.0% | £564 | 25.6% |
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