🔒 Sign in to view the address — Newcastle upon Tyne
Flat · 3 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 34% above the area median. Offers anchored to area median of £90,000. 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
- £120,000
- Property Type
- Flat
- Bedrooms
- 3
- Bathrooms
- N/A
- Est. Floor Area
- 700–800 sqft (est.)
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
All yield, cashflow, SDLT, CGT and mortgage figures on this page are calculated on the estimated effective purchase cost — not the guide price shown above.
| Guide price | £120,000 |
| Estimated hammer (mid) | £144,000 (guide × 1.20 — typical range is +10–35%) |
| Buyer’s premium (4% + VAT = 4.8%) | £6,912 |
| Legal fees (est.) | £1,500 |
| Effective purchase cost | £152,412 (+27.0% vs guide) |
Guide prices can change before auction day. Always verify the reserve price and obtain legal pack before bidding.
📈 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 | £11,112 | £123,600 | £7,556 | £3,056 | £6,656 | 16.6% |
| Yr 3 | £11,675 | £131,127 | £7,961 | £9,772 | £20,899 | 52.1% |
| Yr 5 | £12,266 | £139,113 | £8,386 | £17,329 | £36,442 | 90.9% |
| Yr 10 | £13,877 | £161,270 | £9,547 | £40,184 | £81,454 | 203.1% |
| Yr 15 | £15,701 | £186,956 | £10,860 | £69,292 | £136,248 | 339.8% |
| Yr 20 | £17,764 | £216,733 | £12,345 | £105,474 | £202,207 | 504.3% |
| Yr 25 | £20,099 | £251,253 | £14,026 | £149,659 | £280,912 | 700.5% |
| Yr 30 | £22,740 | £291,271 | £15,928 | £202,900 | £374,171 | 933.1% |
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: 963 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,000 | 7.9% | 4.8% | £-7 | -3.9% |
| Conservative | £1,094 | 8.6% | 5.7% | £205 | 5.9% |
| Base | £1,176 | 9.3% | 6.4% | £333 | 10.2% |
| Optimistic | £1,270 | 10.0% | 7.1% | £474 | 15.1% |
| Bull | £1,388 | 10.9% | 8.0% | £637 | 21.3% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●9.26% |
| Net Yield | ●6.37% |
| Net Annual Income | £9,716 |
| Deductions: void 8% (−£889) · mgmt 10% (−£1,111) · maint 10% (−£1,111) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £475 |
| Monthly Cashflow (IO) | ●£335 |
| Cash-on-Cash Return | ●7.94% |
| 5-Year IRR | ●10.2% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £8,169 |
| SDLT Effective Rate | 5.36% |
| SDLT (Company) | £8,169 |
| Section 24 Extra Tax/yr (higher rate) | £1,143 |
| SPV Annual Saving | £2,373 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £176,687 |
| Less: Purchase Price | −£152,412 |
| Less: Buying Costs (SDLT + legal) | −£10,769 |
| Less: Selling Costs (est. 2.5%) | −£4,417 |
| = CGT Net Gain (5yr) | £9,089 |
| CGT at 24% | £1,461 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,000 | 7.9% | 4.8% | £-7 | -3.9% |
| Conservative | £1,094 | 8.6% | 5.7% | £205 | 5.9% |
| Base | £1,176 | 9.3% | 6.4% | £333 | 10.2% |
| Optimistic | £1,270 | 10.0% | 7.1% | £474 | 15.1% |
| Bull | £1,388 | 10.9% | 8.0% | £637 | 21.3% |
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