🔒 Sign in to view the address — Newcastle upon Tyne
Flat · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 26% below the area median — limited negotiation margin. Strong value at current asking price. 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
- £120,000
- 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 | £11,904 | £123,600 | £8,126 | £3,626 | £7,226 | 18.0% |
| Yr 3 | £12,507 | £131,127 | £8,560 | £11,526 | £22,653 | 56.5% |
| Yr 5 | £13,140 | £139,113 | £9,016 | £20,326 | £39,439 | 98.4% |
| Yr 10 | £14,866 | £161,270 | £10,259 | £46,573 | £87,843 | 219.1% |
| Yr 15 | £16,820 | £186,956 | £11,665 | £79,517 | £146,473 | 365.3% |
| Yr 20 | £19,030 | £216,733 | £13,257 | £120,040 | £216,774 | 540.6% |
| Yr 25 | £21,531 | £251,253 | £15,057 | £169,137 | £300,390 | 749.1% |
| Yr 30 | £24,360 | £291,271 | £17,095 | £227,935 | £399,206 | 995.5% |
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: 101 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £843 | 8.4% | 5.1% | £23 | -2.7% |
| Conservative | £923 | 9.2% | 6.1% | £196 | 6.9% |
| Base | £992 | 9.9% | 6.8% | £302 | 11.1% |
| Optimistic | £1,071 | 10.7% | 7.6% | £418 | 15.9% |
| Bull | £1,171 | 11.7% | 8.5% | £553 | 22.0% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●9.92% |
| Net Yield | ●6.77% |
| Net Annual Income | £8,126 |
| Deductions: void 8% (−£952) · mgmt 10% (−£1,190) · maint 10% (−£1,190) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £374 |
| Monthly Cashflow (IO) | ●£303 |
| Cash-on-Cash Return | ●9.04% |
| 5-Year IRR | ●11.1% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £6,000 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £6,000 |
| Section 24 Extra Tax/yr (higher rate) | £900 |
| SPV Annual Saving | £2,003 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £139,113 |
| Less: Purchase Price | −£120,000 |
| Less: Buying Costs (SDLT + legal) | −£8,600 |
| Less: Selling Costs (est. 2.5%) | −£3,478 |
| = CGT Net Gain (5yr) | £7,035 |
| CGT at 24% | £968 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £843 | 8.4% | 5.1% | £23 | -2.7% |
| Conservative | £923 | 9.2% | 6.1% | £196 | 6.9% |
| Base | £992 | 9.9% | 6.8% | £302 | 11.1% |
| Optimistic | £1,071 | 10.7% | 7.6% | £418 | 15.9% |
| Bull | £1,171 | 11.7% | 8.5% | £553 | 22.0% |
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 →