🔒 Sign in to view the address — Gateshead
Apartment · 3 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 21% above the area median. Offers anchored to area median of £91,000. 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 | £1,050 |
| Bedroom 2 | £1,050 |
| Bedroom 3 | £1,050 |
| 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
- £110,000
- Property Type
- Apartment
- Bedrooms
- 3
- Bathrooms
- N/A
- Est. Floor Area
- 700–800 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 | £9,867 | £113,300 | £6,659 | £2,534 | £5,834 | 15.7% |
| Yr 3 | £10,367 | £120,200 | £7,019 | £8,140 | £18,340 | 49.4% |
| Yr 5 | £10,891 | £127,520 | £7,397 | £14,492 | £32,012 | 86.3% |
| Yr 10 | £12,323 | £147,831 | £8,427 | £33,892 | £71,722 | 193.3% |
| Yr 15 | £13,942 | £171,376 | £9,593 | £58,843 | £120,219 | 324.0% |
| Yr 20 | £15,774 | £198,672 | £10,912 | £90,075 | £178,748 | 481.8% |
| Yr 25 | £17,847 | £230,316 | £12,405 | £128,415 | £248,731 | 670.4% |
| Yr 30 | £20,192 | £266,999 | £14,093 | £174,795 | £331,794 | 894.3% |
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?
📄 Lease Information
Estimated remaining lease: 111 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £699 | 7.6% | 4.5% | £-30 | -5.5% |
| Conservative | £764 | 8.3% | 5.4% | £120 | 4.5% |
| Base | £822 | 9.0% | 6.1% | £211 | 8.8% |
| Optimistic | £888 | 9.7% | 6.8% | £310 | 13.8% |
| Bull | £970 | 10.6% | 7.6% | £425 | 20.0% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●8.97% |
| Net Yield | ●6.05% |
| Net Annual Income | £6,657 |
| Deductions: void 8% (−£789) · mgmt 10% (−£987) · maint 10% (−£987) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £343 |
| Monthly Cashflow (IO) | ●£212 |
| Cash-on-Cash Return | ●6.82% |
| 5-Year IRR | ●8.8% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £5,500 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £5,500 |
| Section 24 Extra Tax/yr (higher rate) | £825 |
| SPV Annual Saving | £1,698 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £127,520 |
| Less: Purchase Price | −£110,000 |
| Less: Buying Costs (SDLT + legal) | −£8,100 |
| Less: Selling Costs (est. 2.5%) | −£3,188 |
| = CGT Net Gain (5yr) | £6,232 |
| CGT at 24% | £776 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £699 | 7.6% | 4.5% | £-30 | -5.5% |
| Conservative | £764 | 8.3% | 5.4% | £120 | 4.5% |
| Base | £822 | 9.0% | 6.1% | £211 | 8.8% |
| Optimistic | £888 | 9.7% | 6.8% | £310 | 13.8% |
| Bull | £970 | 10.6% | 7.6% | £425 | 20.0% |
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