🔒 Sign in to view the address — Alexandra House
Flat · 2 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 23% above the area median. Offers anchored to area median of £97,000. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 Refurb Cost Estimate
Estimated (no AI photo score yet) · East Midlands rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £3,650 |
| Bathroom | £2,700 |
| Living Room | £1,550 |
| Master Bedroom | £1,800 |
| Bedroom 2 | £1,800 |
| Entrance Hall | £350 |
| Total Estimated Refurb | £11,400 |
⚠ 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 Leicester | Renovations, New Homes, Construction | 07795 322 737 | — |
| decorator | Painters and Decorators Leicester | Commercial & Domestic | 0116 4785346 | — |
| photographer | ZigZag Photography Leicester | 0116 2700995 | — |
Property Details
- Asking Price
- £120,000
- 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 | £10,716 | £123,600 | £7,271 | £2,771 | £6,371 | 15.9% |
| Yr 3 | £11,258 | £131,127 | £7,661 | £8,895 | £20,022 | 49.9% |
| Yr 5 | £11,828 | £139,113 | £8,071 | £15,830 | £34,943 | 87.1% |
| Yr 10 | £13,383 | £161,270 | £9,191 | £36,990 | £78,260 | 195.2% |
| Yr 15 | £15,141 | £186,956 | £10,457 | £64,179 | £131,135 | 327.0% |
| Yr 20 | £17,131 | £216,733 | £11,889 | £98,190 | £194,924 | 486.1% |
| Yr 25 | £19,382 | £251,253 | £13,510 | £139,920 | £271,173 | 676.2% |
| Yr 30 | £21,929 | £291,271 | £15,344 | £190,382 | £361,654 | 901.9% |
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 — East Midlands ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £759 | 7.6% | 4.6% | £-31 | -5.3% |
| Conservative | £830 | 8.3% | 5.4% | £132 | 4.7% |
| Base | £893 | 8.9% | 6.1% | £231 | 9.1% |
| Optimistic | £964 | 9.6% | 6.8% | £339 | 14.0% |
| Bull | £1,054 | 10.5% | 7.6% | £464 | 20.3% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●8.93% |
| Net Yield | ●6.06% |
| Net Annual Income | £7,271 |
| Deductions: void 8% (−£857) · mgmt 10% (−£1,072) · maint 10% (−£1,072) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £374 |
| Monthly Cashflow (IO) | ●£232 |
| Cash-on-Cash Return | ●6.91% |
| 5-Year IRR | ●9.1% |
● 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 | £1,836 |
| 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 | £759 | 7.6% | 4.6% | £-31 | -5.3% |
| Conservative | £830 | 8.3% | 5.4% | £132 | 4.7% |
| Base | £893 | 8.9% | 6.1% | £231 | 9.1% |
| Optimistic | £964 | 9.6% | 6.8% | £339 | 14.0% |
| Bull | £1,054 | 10.5% | 7.6% | £464 | 20.3% |
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