🔒 Sign in to view the address — Gateshead
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
- £69,950
- Property Type
- Flat
- Bedrooms
- 2
- 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 | £8,471 | £72,048 | £5,654 | £3,031 | £5,129 | 20.4% |
| Yr 3 | £8,900 | £76,436 | £5,963 | £9,554 | £16,040 | 63.9% |
| Yr 5 | £9,350 | £81,091 | £6,287 | £16,718 | £27,859 | 111.1% |
| Yr 10 | £10,579 | £94,007 | £7,172 | £37,649 | £61,706 | 246.0% |
| Yr 15 | £11,969 | £108,980 | £8,173 | £63,346 | £102,376 | 408.1% |
| Yr 20 | £13,542 | £126,337 | £9,305 | £94,436 | £150,824 | 601.2% |
| Yr 25 | £15,322 | £146,460 | £10,587 | £131,628 | £208,138 | 829.7% |
| Yr 30 | £17,335 | £169,787 | £12,036 | £175,722 | £275,559 | 1098.5% |
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
View all planning applications on your dashboard →
● Approved ● Pending ● Refused
🌎 Area Profile — North East England ⓘ What are deciles?
📄 Lease Information
Estimated remaining lease: 969 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £600 | 10.3% | 6.1% | £69 | 0.2% |
| Conservative | £657 | 11.3% | 7.2% | £182 | 9.2% |
| Base | £706 | 12.1% | 8.1% | £253 | 13.1% |
| Optimistic | £762 | 13.1% | 9.0% | £330 | 17.5% |
| Bull | £833 | 14.3% | 10.2% | £421 | 23.3% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●12.11% |
| Net Yield | ●8.08% |
| Net Annual Income | £5,655 |
| Deductions: void 8% (−£678) · mgmt 10% (−£847) · maint 10% (−£847) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £218 |
| Monthly Cashflow (IO) | ●£253 |
| Cash-on-Cash Return | ●12.09% |
| 5-Year IRR | ●13.1% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £3,498 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £3,498 |
| Section 24 Extra Tax/yr (higher rate) | £525 |
| SPV Annual Saving | £1,428 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £81,091 |
| Less: Purchase Price | −£69,950 |
| Less: Buying Costs (SDLT + legal) | −£6,098 |
| Less: Selling Costs (est. 2.5%) | −£2,027 |
| = CGT Net Gain (5yr) | £3,016 |
| CGT at 24% | £4 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £600 | 10.3% | 6.1% | £69 | 0.2% |
| Conservative | £657 | 11.3% | 7.2% | £182 | 9.2% |
| Base | £706 | 12.1% | 8.1% | £253 | 13.1% |
| Optimistic | £762 | 13.1% | 9.0% | £330 | 17.5% |
| Bull | £833 | 14.3% | 10.2% | £421 | 23.3% |
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