🔒 Sign in to view the address — Gateshead
Flat · 3 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 21% above the area median. Offers anchored to area median of £66,000. 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
- £80,000
- Property Type
- Flat
- Bedrooms
- 3
- Bathrooms
- N/A
- Est. Floor Area
- 800–900 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 | £9,864 | £82,400 | £6,657 | £3,657 | £6,057 | 21.6% |
| Yr 3 | £10,363 | £87,418 | £7,017 | £11,508 | £18,926 | 67.4% |
| Yr 5 | £10,888 | £92,742 | £7,394 | £20,106 | £32,848 | 116.9% |
| Yr 10 | £12,319 | £107,513 | £8,425 | £45,117 | £72,631 | 258.5% |
| Yr 15 | £13,938 | £124,637 | £9,590 | £75,679 | £120,316 | 428.2% |
| Yr 20 | £15,769 | £144,489 | £10,909 | £112,520 | £177,009 | 629.9% |
| Yr 25 | £17,841 | £167,502 | £12,401 | £156,466 | £243,968 | 868.2% |
| Yr 30 | £20,186 | £194,181 | £14,089 | £208,451 | £322,632 | 1148.2% |
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: 971 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £699 | 10.5% | 6.3% | £92 | 1.5% |
| Conservative | £764 | 11.5% | 7.5% | £223 | 10.4% |
| Base | £822 | 12.3% | 8.3% | £305 | 14.2% |
| Optimistic | £888 | 13.3% | 9.3% | £395 | 18.7% |
| Bull | £970 | 14.5% | 10.5% | £500 | 24.4% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●12.33% |
| Net Yield | ●8.32% |
| Net Annual Income | £6,657 |
| Deductions: void 8% (−£789) · mgmt 10% (−£986) · maint 10% (−£986) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £250 |
| Monthly Cashflow (IO) | ●£305 |
| Cash-on-Cash Return | ●13.01% |
| 5-Year IRR | ●14.2% |
● 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 | £1,642 |
| 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 | £699 | 10.5% | 6.3% | £92 | 1.5% |
| Conservative | £764 | 11.5% | 7.5% | £223 | 10.4% |
| Base | £822 | 12.3% | 8.3% | £305 | 14.2% |
| Optimistic | £888 | 13.3% | 9.3% | £395 | 18.7% |
| Bull | £970 | 14.5% | 10.5% | £500 | 24.4% |
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