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Apartment · 2 bed
Supports major UK property portals
Suggested Offer Range
Close to area median. Standard 3–10% negotiation range. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 Refurb Cost Estimate
Refurb cost estimate pending — this listing hasn't been through cost analysis yet. Runs nightly; check back within 24–48 hours.
🔧 Local Trades
| Trade | Name | Phone | |
|---|---|---|---|
| builder | Local Builder in Oldham, Garage Conversions in Oldham | 01616417359 | — |
| decorator | MAS Painting & Decorating - Your Painting Experts in Oldham | 01616786806 | — |
| photographer | holden photography | 0161 624 9898 | — |
Property Details
- Asking Price
- £85,000
- Property Type
- Apartment
- Bedrooms
- 2
- Bathrooms
- N/A
- Floor Area
- 500–600 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 | £10,056 | £87,550 | £6,795 | £3,607 | £6,157 | 20.8% |
| Yr 3 | £10,565 | £92,882 | £7,161 | £11,370 | £19,252 | 65.0% |
| Yr 5 | £11,099 | £98,538 | £7,547 | £19,893 | £33,431 | 112.9% |
| Yr 10 | £12,558 | £114,233 | £8,597 | £44,787 | £74,020 | 250.1% |
| Yr 15 | £14,208 | £132,427 | £9,785 | £75,339 | £122,766 | 414.8% |
| Yr 20 | £16,075 | £153,519 | £11,129 | £112,292 | £180,812 | 610.9% |
| Yr 25 | £18,188 | £177,971 | £12,650 | £156,488 | £249,459 | 842.8% |
| Yr 30 | £20,578 | £206,317 | £14,371 | £208,879 | £330,196 | 1115.5% |
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 — North West England ⓘ What are deciles?
📄 Lease Information
Estimated remaining lease: 978 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £712 | 10.1% | 6.0% | £81 | 0.6% |
| Conservative | £779 | 11.0% | 7.2% | £216 | 9.6% |
| Base | £838 | 11.8% | 8.0% | £301 | 13.6% |
| Optimistic | £905 | 12.8% | 8.9% | £394 | 18.1% |
| Bull | £989 | 14.0% | 10.1% | £502 | 23.9% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●11.83% |
| Net Yield | ●7.99% |
| Net Annual Income | £6,795 |
| Deductions: void 8% (−£804) · mgmt 10% (−£1,006) · maint 10% (−£1,006) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £265 |
| Monthly Cashflow (IO) | ●£301 |
| Cash-on-Cash Return | ●12.19% |
| 5-Year IRR | ●13.6% |
● 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 | £1,678 |
| 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 | £712 | 10.1% | 6.0% | £81 | 0.6% |
| Conservative | £779 | 11.0% | 7.2% | £216 | 9.6% |
| Base | £838 | 11.8% | 8.0% | £301 | 13.6% |
| Optimistic | £905 | 12.8% | 8.9% | £394 | 18.1% |
| Bull | £989 | 14.0% | 10.1% | £502 | 23.9% |
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