🔒 Sign in to view the address — Leicester City Centre
Flat · 2 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 61% above the area median. Offers anchored to area median of £109,000. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 Refurb Cost Estimate
AI condition score: 8/10 · East Midlands rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £750 |
| Bathroom | £550 |
| Living Room | £300 |
| Master Bedroom | £350 |
| Bedroom 2 | £350 |
| Entrance Hall | £50 |
| Total Estimated Refurb | £1,900 |
⚠ 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
- £175,000
- 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 | £14,402 | £180,250 | £9,925 | £3,362 | £8,612 | 15.0% |
| Yr 3 | £15,132 | £191,227 | £10,450 | £10,871 | £27,098 | 47.0% |
| Yr 5 | £15,898 | £202,873 | £11,001 | £19,470 | £47,343 | 82.2% |
| Yr 10 | £17,987 | £235,185 | £12,505 | £46,102 | £106,287 | 184.5% |
| Yr 15 | £20,350 | £272,644 | £14,207 | £80,838 | £178,482 | 309.9% |
| Yr 20 | £23,025 | £316,069 | £16,133 | £124,743 | £265,812 | 461.5% |
| Yr 25 | £26,050 | £366,411 | £18,311 | £179,022 | £370,433 | 643.1% |
| Yr 30 | £29,473 | £424,771 | £20,776 | £245,037 | £494,808 | 859.0% |
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 — East Midlands ⓘ What are deciles?
📄 Lease Information
Estimated remaining lease: 100 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,020 | 7.0% | 4.3% | £-85 | -6.4% |
| Conservative | £1,116 | 7.7% | 5.1% | £143 | 3.8% |
| Base | £1,200 | 8.2% | 5.7% | £280 | 8.2% |
| Optimistic | £1,296 | 8.9% | 6.3% | £430 | 13.3% |
| Bull | £1,416 | 9.7% | 7.1% | £602 | 19.7% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●8.23% |
| Net Yield | ●5.67% |
| Net Annual Income | £9,923 |
| Deductions: void 8% (−£1,152) · mgmt 10% (−£1,440) · maint 10% (−£1,440) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £546 |
| Monthly Cashflow (IO) | ●£281 |
| Cash-on-Cash Return | ●5.83% |
| 5-Year IRR | ●8.2% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £9,750 |
| SDLT Effective Rate | 5.57% |
| SDLT (Company) | £9,750 |
| Section 24 Extra Tax/yr (higher rate) | £1,312 |
| SPV Annual Saving | £2,456 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £202,873 |
| Less: Purchase Price | −£175,000 |
| Less: Buying Costs (SDLT + legal) | −£12,350 |
| Less: Selling Costs (est. 2.5%) | −£5,072 |
| = CGT Net Gain (5yr) | £10,451 |
| CGT at 24% | £1,788 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,020 | 7.0% | 4.3% | £-85 | -6.4% |
| Conservative | £1,116 | 7.7% | 5.1% | £143 | 3.8% |
| Base | £1,200 | 8.2% | 5.7% | £280 | 8.2% |
| Optimistic | £1,296 | 8.9% | 6.3% | £430 | 13.3% |
| Bull | £1,416 | 9.7% | 7.1% | £602 | 19.7% |
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