🔒 Sign in to view the address — Gateshead
Flat · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 30% 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
- £65,000
- Property Type
- Flat
- Bedrooms
- 2
- Bathrooms
- N/A
- Floor Area
- 600–700 sqft
- 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 | £9,002 | £66,950 | £6,037 | £3,599 | £5,549 | 23.5% |
| Yr 3 | £9,458 | £71,027 | £6,365 | £11,288 | £17,315 | 73.4% |
| Yr 5 | £9,937 | £75,353 | £6,710 | £19,658 | £30,011 | 127.2% |
| Yr 10 | £11,243 | £87,355 | £7,650 | £43,793 | £66,148 | 280.3% |
| Yr 15 | £12,720 | £101,268 | £8,714 | £72,994 | £109,262 | 463.0% |
| Yr 20 | £14,392 | £117,397 | £9,917 | £107,925 | £160,323 | 679.3% |
| Yr 25 | £16,283 | £136,096 | £11,279 | £149,341 | £220,437 | 934.1% |
| Yr 30 | £18,423 | £157,772 | £12,819 | £198,094 | £290,866 | 1232.5% |
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: 83 years. Below 85 years — approaching mortgage threshold; consider a lease extension.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £638 | 11.8% | 7.0% | £113 | 3.9% |
| Conservative | £698 | 12.9% | 8.3% | £228 | 12.3% |
| Base | £750 | 13.8% | 9.3% | £300 | 16.0% |
| Optimistic | £810 | 15.0% | 10.4% | £380 | 20.3% |
| Bull | £885 | 16.3% | 11.7% | £473 | 25.7% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●13.85% |
| Net Yield | ●9.28% |
| Net Annual Income | £6,035 |
| Deductions: void 8% (−£720) · mgmt 10% (−£900) · maint 10% (−£900) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £203 |
| Monthly Cashflow (IO) | ●£300 |
| Cash-on-Cash Return | ●15.24% |
| 5-Year IRR | ●16.0% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £3,250 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £3,250 |
| Section 24 Extra Tax/yr (higher rate) | £488 |
| SPV Annual Saving | £1,493 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £75,353 |
| Less: Purchase Price | −£65,000 |
| Less: Buying Costs (SDLT + legal) | −£5,850 |
| Less: Selling Costs (est. 2.5%) | −£1,884 |
| = CGT Net Gain (5yr) | £2,619 |
| CGT at 24% | £— |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £638 | 11.8% | 7.0% | £113 | 3.9% |
| Conservative | £698 | 12.9% | 8.3% | £228 | 12.3% |
| Base | £750 | 13.8% | 9.3% | £300 | 16.0% |
| Optimistic | £810 | 15.0% | 10.4% | £380 | 20.3% |
| Bull | £885 | 16.3% | 11.7% | £473 | 25.7% |
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