🔒 Sign in to view the address — Salford
Flat · 2 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 40% above the area median. Offers anchored to area median of £114,000. 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
- £160,000
- Property Type
- Flat
- Bedrooms
- 2
- Bathrooms
- N/A
- Floor Area
- 500–600 sqft
- Article 4 Area
- ⚠️ Yes — SA/HMO may need planning consent
📈 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 | £12,944 | £164,800 | £8,875 | £2,875 | £7,675 | 14.5% |
| Yr 3 | £13,599 | £174,836 | £9,346 | £9,329 | £24,165 | 45.8% |
| Yr 5 | £14,288 | £185,484 | £9,842 | £16,762 | £42,246 | 80.0% |
| Yr 10 | £16,165 | £215,027 | £11,194 | £39,962 | £94,989 | 179.9% |
| Yr 15 | £18,290 | £249,275 | £12,723 | £70,445 | £159,720 | 302.5% |
| Yr 20 | £20,693 | £288,978 | £14,454 | £109,168 | £238,146 | 451.0% |
| Yr 25 | £23,412 | £335,004 | £16,412 | £157,214 | £332,219 | 629.2% |
| Yr 30 | £26,489 | £388,362 | £18,627 | £215,809 | £444,171 | 841.2% |
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 West England ⓘ What are deciles?
📄 Lease Information
Estimated remaining lease: 975 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £916 | 6.9% | 4.2% | £-91 | -7.0% |
| Conservative | £1,003 | 7.5% | 5.0% | £115 | 3.3% |
| Base | £1,078 | 8.1% | 5.5% | £239 | 7.8% |
| Optimistic | £1,164 | 8.7% | 6.2% | £374 | 12.9% |
| Bull | £1,272 | 9.5% | 7.0% | £530 | 19.3% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●8.09% |
| Net Yield | ●5.54% |
| Net Annual Income | £8,869 |
| Deductions: void 8% (−£1,036) · mgmt 10% (−£1,294) · maint 10% (−£1,294) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £499 |
| Monthly Cashflow (IO) | ●£240 |
| Cash-on-Cash Return | ●5.43% |
| 5-Year IRR | ●7.8% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £8,700 |
| SDLT Effective Rate | 5.44% |
| SDLT (Company) | £8,700 |
| Section 24 Extra Tax/yr (higher rate) | £1,200 |
| SPV Annual Saving | £2,223 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £185,484 |
| Less: Purchase Price | −£160,000 |
| Less: Buying Costs (SDLT + legal) | −£11,300 |
| Less: Selling Costs (est. 2.5%) | −£4,637 |
| = CGT Net Gain (5yr) | £9,547 |
| CGT at 24% | £1,571 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £916 | 6.9% | 4.2% | £-91 | -7.0% |
| Conservative | £1,003 | 7.5% | 5.0% | £115 | 3.3% |
| Base | £1,078 | 8.1% | 5.5% | £239 | 7.8% |
| Optimistic | £1,164 | 8.7% | 6.2% | £374 | 12.9% |
| Bull | £1,272 | 9.5% | 7.0% | £530 | 19.3% |
Run the numbers on this deal
Use our free Rental Yield Calculator to calculate gross yield, net yield, monthly cash flow, and mortgage stress tests.
Calculate Rental Yield →