🔒 Sign in to view the address — Erith
Apartment · 1 bed
Supports major UK property portals
Suggested Offer Range
Already 29% 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) · London rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £5,550 |
| Bathroom | £4,050 |
| Living Room | £2,400 |
| Master Bedroom | £5,550 |
| Entrance Hall | £550 |
| Total Estimated Refurb | £17,400 |
⚠ 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 Dartford - Building Contractors in Kent | Local ... | 01322 784014 | — |
| decorator | RSG Decorators | 07809 475337 | — |
| photographer | Harriet Buckingham Photography Photographer in Dartford | 07717 740 072 | — |
Property Details
- Asking Price
- £150,000
- Property Type
- Apartment
- Bedrooms
- 1
- Bathrooms
- N/A
- Est. Floor Area
- 600–700 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 | £20,400 | £154,500 | £14,243 | £8,618 | £13,118 | 26.4% |
| Yr 3 | £21,433 | £163,909 | £14,987 | £26,965 | £40,874 | 82.4% |
| Yr 5 | £22,518 | £173,891 | £15,768 | £46,855 | £70,746 | 142.6% |
| Yr 10 | £25,477 | £201,587 | £17,898 | £103,855 | £155,443 | 313.4% |
| Yr 15 | £28,825 | £233,695 | £20,309 | £172,334 | £256,029 | 516.2% |
| Yr 20 | £32,612 | £270,917 | £23,036 | £253,800 | £374,717 | 755.5% |
| Yr 25 | £36,898 | £314,067 | £26,122 | £349,959 | £514,026 | 1036.3% |
| Yr 30 | £41,747 | £364,089 | £29,613 | £462,743 | £676,832 | 1364.6% |
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 — Greater London ⓘ What are deciles?
📄 Lease Information
Estimated remaining lease: 150 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,445 | 11.6% | 7.2% | £293 | 7.2% |
| Conservative | £1,581 | 12.6% | 8.6% | £554 | 15.5% |
| Base | £1,700 | 13.6% | 9.5% | £718 | 19.2% |
| Optimistic | £1,836 | 14.7% | 10.6% | £900 | 23.6% |
| Bull | £2,006 | 16.0% | 11.9% | £1,112 | 29.2% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●13.6% |
| Net Yield | ●9.5% |
| Net Annual Income | £14,243 |
| Deductions: void 8% (−£1,632) · mgmt 10% (−£2,040) · maint 10% (−£2,040) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £468 |
| Monthly Cashflow (IO) | ●£719 |
| Cash-on-Cash Return | ●17.38% |
| 5-Year IRR | ●19.2% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £8,000 |
| SDLT Effective Rate | 5.33% |
| SDLT (Company) | £8,000 |
| Section 24 Extra Tax/yr (higher rate) | £1,125 |
| SPV Annual Saving | £3,249 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £173,891 |
| Less: Purchase Price | −£150,000 |
| Less: Buying Costs (SDLT + legal) | −£10,600 |
| Less: Selling Costs (est. 2.5%) | −£4,347 |
| = CGT Net Gain (5yr) | £8,944 |
| CGT at 24% | £1,427 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,445 | 11.6% | 7.2% | £293 | 7.2% |
| Conservative | £1,581 | 12.6% | 8.6% | £554 | 15.5% |
| Base | £1,700 | 13.6% | 9.5% | £718 | 19.2% |
| Optimistic | £1,836 | 14.7% | 10.6% | £900 | 23.6% |
| Bull | £2,006 | 16.0% | 11.9% | £1,112 | 29.2% |
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