🔒 Sign in to view the address — Hove
Apartment · 2 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 27% above the area median. Offers anchored to area median of £255,000. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 Refurb Cost Estimate
Estimated (no AI photo score yet) · South East rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £4,800 |
| Bathroom | £3,500 |
| Living Room | £2,050 |
| Master Bedroom | £2,400 |
| Bedroom 2 | £2,400 |
| Entrance Hall | £500 |
| Total Estimated Refurb | £15,000 |
⚠ 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 | Trusted Builders in Brighton & Hove - AM General Building | 01273 905407 | — |
| decorator | Painting and Decorating - Bishops Home Improvements Brighton | 01273041126 | — |
| photographer | Brighton Photography Gallery | 01273 000 222 | — |
Property Details
- Asking Price
- £325,000
- Property Type
- Apartment
- Bedrooms
- 2
- Bathrooms
- N/A
- Floor Area
- 700–800 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 | £18,395 | £334,750 | £12,799 | £612 | £10,362 | 9.6% |
| Yr 3 | £19,326 | £355,136 | £13,470 | £2,837 | £32,974 | 30.6% |
| Yr 5 | £20,305 | £376,764 | £14,174 | £6,454 | £58,218 | 54.0% |
| Yr 10 | £22,973 | £436,773 | £16,095 | £22,057 | £133,830 | 124.1% |
| Yr 15 | £25,992 | £506,339 | £18,269 | £48,010 | £229,350 | 212.7% |
| Yr 20 | £29,407 | £586,986 | £20,728 | £85,674 | £347,660 | 322.4% |
| Yr 25 | £33,272 | £680,478 | £23,510 | £136,587 | £492,064 | 456.2% |
| Yr 30 | £37,644 | £788,860 | £26,658 | £202,490 | £666,350 | 617.8% |
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 — South East England ⓘ What are deciles?
📄 Lease Information
Estimated remaining lease: 999 years.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,303 | 4.8% | 3.0% | £-510 | -13.1% |
| Conservative | £1,426 | 5.3% | 3.5% | £-156 | -1.9% |
| Base | £1,533 | 5.7% | 3.9% | £51 | 2.9% |
| Optimistic | £1,656 | 6.1% | 4.4% | £274 | 8.3% |
| Bull | £1,809 | 6.7% | 4.9% | £525 | 15.2% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●5.66% |
| Net Yield | ●3.94% |
| Net Annual Income | £12,800 |
| Deductions: void 8% (−£1,472) · mgmt 10% (−£1,840) · maint 10% (−£1,840) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £1,014 |
| Monthly Cashflow (IO) | ●£53 |
| Cash-on-Cash Return | ●0.57% |
| 5-Year IRR | ●2.9% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £22,500 |
| SDLT Effective Rate | 6.92% |
| SDLT (Company) | £22,500 |
| Section 24 Extra Tax/yr (higher rate) | £2,438 |
| SPV Annual Saving | £3,296 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £376,764 |
| Less: Purchase Price | −£325,000 |
| Less: Buying Costs (SDLT + legal) | −£25,100 |
| Less: Selling Costs (est. 2.5%) | −£9,419 |
| = CGT Net Gain (5yr) | £17,245 |
| CGT at 24% | £3,419 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,303 | 4.8% | 3.0% | £-510 | -13.1% |
| Conservative | £1,426 | 5.3% | 3.5% | £-156 | -1.9% |
| Base | £1,533 | 5.7% | 3.9% | £51 | 2.9% |
| Optimistic | £1,656 | 6.1% | 4.4% | £274 | 8.3% |
| Bull | £1,809 | 6.7% | 4.9% | £525 | 15.2% |
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