🔒 Sign in to view the address — Erith
Apartment · 2 bed
Supports major UK property portals
Suggested Offer Range
Close to area median. Standard 3–10% negotiation range. 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 | £2,750 |
| Bedroom 2 | £2,750 |
| 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
- £230,000
- Property Type
- Apartment
- Bedrooms
- 2
- 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 | £18,308 | £236,900 | £12,737 | £4,112 | £11,012 | 14.6% |
| Yr 3 | £19,235 | £251,327 | £13,404 | £13,332 | £34,659 | 46.1% |
| Yr 5 | £20,209 | £266,633 | £14,105 | £23,938 | £60,571 | 80.5% |
| Yr 10 | £22,864 | £309,101 | £16,017 | £56,980 | £136,081 | 181.0% |
| Yr 15 | £25,869 | £358,333 | £18,180 | £100,324 | £228,657 | 304.1% |
| Yr 20 | £29,268 | £415,406 | £20,628 | £155,324 | £340,729 | 453.1% |
| Yr 25 | £33,114 | £481,569 | £23,397 | £223,509 | £475,078 | 631.8% |
| Yr 30 | £37,466 | £558,270 | £26,530 | £306,615 | £634,885 | 844.3% |
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: 129 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,296 | 6.8% | 4.2% | £-129 | -6.8% |
| Conservative | £1,418 | 7.4% | 5.0% | £165 | 3.5% |
| Base | £1,525 | 8.0% | 5.5% | £342 | 7.9% |
| Optimistic | £1,647 | 8.6% | 6.2% | £535 | 13.0% |
| Bull | £1,800 | 9.4% | 6.9% | £756 | 19.5% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●7.96% |
| Net Yield | ●5.54% |
| Net Annual Income | £12,731 |
| Deductions: void 8% (−£1,465) · mgmt 10% (−£1,831) · maint 10% (−£1,831) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £717 |
| Monthly Cashflow (IO) | ●£344 |
| Cash-on-Cash Return | ●5.46% |
| 5-Year IRR | ●7.9% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £13,600 |
| SDLT Effective Rate | 5.91% |
| SDLT (Company) | £13,600 |
| Section 24 Extra Tax/yr (higher rate) | £1,725 |
| SPV Annual Saving | £3,105 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £266,633 |
| Less: Purchase Price | −£230,000 |
| Less: Buying Costs (SDLT + legal) | −£16,200 |
| Less: Selling Costs (est. 2.5%) | −£6,666 |
| = CGT Net Gain (5yr) | £13,767 |
| CGT at 24% | £2,584 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,296 | 6.8% | 4.2% | £-129 | -6.8% |
| Conservative | £1,418 | 7.4% | 5.0% | £165 | 3.5% |
| Base | £1,525 | 8.0% | 5.5% | £342 | 7.9% |
| Optimistic | £1,647 | 8.6% | 6.2% | £535 | 13.0% |
| Bull | £1,800 | 9.4% | 6.9% | £756 | 19.5% |
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