🔒 Sign in to view the address — Manchester
Apartment · 2 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 10% above the area median. Offers anchored to area median of £113,000. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 Refurb Cost Estimate
Estimated (no AI photo score yet) · North West rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £3,450 |
| Bathroom | £2,500 |
| Living Room | £1,500 |
| Master Bedroom | £1,750 |
| Bedroom 2 | £1,750 |
| 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 | Builders in Manchester | Extensions, Roofing & Brickwork | 0161 506 8790 | — |
| decorator | Top Residential Decorators in Manchester | Ever Prime Painters I ... | 07359 772816 | — |
| photographer | Professional Photographer Manchester | +447400925109 | — |
Property Details
- Asking Price
- £125,000
- Property Type
- Apartment
- 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 | £14,525 | £128,750 | £10,013 | £5,326 | £9,076 | 21.8% |
| Yr 3 | £15,260 | £136,591 | £10,542 | £16,767 | £28,358 | 68.2% |
| Yr 5 | £16,033 | £144,909 | £11,099 | £29,308 | £49,217 | 118.3% |
| Yr 10 | £18,140 | £167,990 | £12,616 | £65,840 | £108,830 | 261.6% |
| Yr 15 | £20,523 | £194,746 | £14,332 | £110,545 | £180,291 | 433.4% |
| Yr 20 | £23,220 | £225,764 | £16,274 | £164,496 | £265,260 | 637.6% |
| Yr 25 | £26,272 | £261,722 | £18,471 | £228,909 | £365,632 | 878.9% |
| Yr 30 | £29,724 | £303,408 | £20,956 | £305,159 | £483,567 | 1162.4% |
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 — North West England ⓘ What are deciles?
📄 Lease Information
Estimated remaining lease: 106 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,028 | 9.9% | 6.1% | £124 | 1.8% |
| Conservative | £1,125 | 10.8% | 7.2% | £321 | 10.8% |
| Base | £1,210 | 11.6% | 8.0% | £443 | 14.8% |
| Optimistic | £1,307 | 12.5% | 8.9% | £578 | 19.4% |
| Bull | £1,428 | 13.7% | 10.1% | £736 | 25.2% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●11.62% |
| Net Yield | ●8.01% |
| Net Annual Income | £10,009 |
| Deductions: void 8% (−£1,162) · mgmt 10% (−£1,452) · maint 10% (−£1,452) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £390 |
| Monthly Cashflow (IO) | ●£444 |
| Cash-on-Cash Return | ●12.79% |
| 5-Year IRR | ●14.8% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £6,250 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £6,250 |
| Section 24 Extra Tax/yr (higher rate) | £938 |
| SPV Annual Saving | £2,379 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £144,909 |
| Less: Purchase Price | −£125,000 |
| Less: Buying Costs (SDLT + legal) | −£8,850 |
| Less: Selling Costs (est. 2.5%) | −£3,623 |
| = CGT Net Gain (5yr) | £7,436 |
| CGT at 24% | £1,065 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,028 | 9.9% | 6.1% | £124 | 1.8% |
| Conservative | £1,125 | 10.8% | 7.2% | £321 | 10.8% |
| Base | £1,210 | 11.6% | 8.0% | £443 | 14.8% |
| Optimistic | £1,307 | 12.5% | 8.9% | £578 | 19.4% |
| Bull | £1,428 | 13.7% | 10.1% | £736 | 25.2% |
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