🔒 Sign in to view the address — Heworth
Flat · 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
Estimated (no AI photo score yet) · North East rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £3,250 |
| Bathroom | £2,400 |
| Living Room | £1,450 |
| Master Bedroom | £1,650 |
| Bedroom 2 | £1,650 |
| Entrance Hall | £300 |
| Total Estimated Refurb | £10,200 |
⚠ 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 | DP Construction NE Ltd | Builders | Newcastle, UK | 0191 256 6655 | — |
| decorator | Painter & Decorator Newcastle | Gosforth | Jesmond | 0191 284 1798 | — |
| photographer | Geoff Love Photography: Wedding Photographer Newcastle | 04615625410 | — |
Property Details
- Asking Price
- £80,000
- Property Type
- Flat
- Bedrooms
- 2
- Bathrooms
- N/A
- Floor Area
- 700–800 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 | £8,472 | £82,400 | £5,655 | £2,655 | £5,055 | 18.0% |
| Yr 3 | £8,901 | £87,418 | £5,964 | £8,426 | £15,844 | 56.4% |
| Yr 5 | £9,352 | £92,742 | £6,288 | £14,838 | £27,580 | 98.1% |
| Yr 10 | £10,580 | £107,513 | £7,173 | £33,889 | £61,402 | 218.5% |
| Yr 15 | £11,971 | £124,637 | £8,174 | £57,707 | £102,344 | 364.2% |
| Yr 20 | £13,544 | £144,489 | £9,307 | £86,918 | £151,407 | 538.8% |
| Yr 25 | £15,324 | £167,502 | £10,588 | £122,232 | £209,734 | 746.4% |
| Yr 30 | £17,337 | £194,181 | £12,038 | £164,449 | £278,630 | 991.6% |
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
View all planning applications on your dashboard →
● Approved ● Pending ● Refused
🌎 Area Profile — North East England ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £600 | 9.0% | 5.3% | £28 | -2.8% |
| Conservative | £657 | 9.8% | 6.3% | £148 | 6.7% |
| Base | £706 | 10.6% | 7.1% | £221 | 10.8% |
| Optimistic | £762 | 11.4% | 7.9% | £302 | 15.4% |
| Bull | £833 | 12.5% | 8.9% | £396 | 21.4% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●10.59% |
| Net Yield | ●7.07% |
| Net Annual Income | £5,655 |
| Deductions: void 8% (−£678) · mgmt 10% (−£847) · maint 10% (−£847) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £250 |
| Monthly Cashflow (IO) | ●£221 |
| Cash-on-Cash Return | ●9.45% |
| 5-Year IRR | ●10.8% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £4,000 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £4,000 |
| Section 24 Extra Tax/yr (higher rate) | £600 |
| SPV Annual Saving | £1,447 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £92,742 |
| Less: Purchase Price | −£80,000 |
| Less: Buying Costs (SDLT + legal) | −£6,600 |
| Less: Selling Costs (est. 2.5%) | −£2,319 |
| = CGT Net Gain (5yr) | £3,823 |
| CGT at 24% | £198 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £600 | 9.0% | 5.3% | £28 | -2.8% |
| Conservative | £657 | 9.8% | 6.3% | £148 | 6.7% |
| Base | £706 | 10.6% | 7.1% | £221 | 10.8% |
| Optimistic | £762 | 11.4% | 7.9% | £302 | 15.4% |
| Bull | £833 | 12.5% | 8.9% | £396 | 21.4% |
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