🔒 Sign in to view the address — Plymouth
Apartment · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 17% 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) · South West rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £4,200 |
| Bathroom | £3,050 |
| Living Room | £1,800 |
| Master Bedroom | £2,100 |
| Bedroom 2 | £2,100 |
| Entrance Hall | £450 |
| Total Estimated Refurb | £13,200 |
⚠ 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 | Premier Builder Plymouth, Exeter, Truro • Classic Builders (SW) Ltd | 01752 696640 | — |
| decorator | Davidsons Decor: Painters and Decorators in Plymouth, Devon | 07773 934926 | — |
| photographer | TC Photography Plymouth LTD | 01752 922024 | — |
Property Details
- Asking Price
- £90,000
- Property Type
- Apartment
- Bedrooms
- 2
- Bathrooms
- N/A
- Est. Floor Area
- 500–600 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 | £10,377 | £92,700 | £7,026 | £3,651 | £6,351 | 20.4% |
| Yr 3 | £10,902 | £98,345 | £7,405 | £11,519 | £19,865 | 63.9% |
| Yr 5 | £11,454 | £104,335 | £7,802 | £20,172 | £34,507 | 111.0% |
| Yr 10 | £12,959 | £120,952 | £8,886 | £45,505 | £76,458 | 245.8% |
| Yr 15 | £14,662 | £140,217 | £10,112 | £76,677 | £126,894 | 408.0% |
| Yr 20 | £16,589 | £162,550 | £11,499 | £114,455 | £187,005 | 601.3% |
| Yr 25 | £18,769 | £188,440 | £13,069 | £159,708 | £258,148 | 830.1% |
| Yr 30 | £21,236 | £218,454 | £14,845 | £213,416 | £341,870 | 1099.3% |
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 — South West England ⓘ What are deciles?
📄 Lease Information
Estimated remaining lease: 81 years. Below 85 years — approaching mortgage threshold; consider a lease extension.
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £735 | 9.8% | 5.9% | £75 | 0.2% |
| Conservative | £804 | 10.7% | 7.0% | £217 | 9.3% |
| Base | £865 | 11.5% | 7.8% | £304 | 13.2% |
| Optimistic | £934 | 12.5% | 8.7% | £401 | 17.8% |
| Bull | £1,021 | 13.6% | 9.8% | £514 | 23.7% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●11.53% |
| Net Yield | ●7.81% |
| Net Annual Income | £7,029 |
| Deductions: void 8% (−£830) · mgmt 10% (−£1,038) · maint 10% (−£1,038) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £281 |
| Monthly Cashflow (IO) | ●£305 |
| Cash-on-Cash Return | ●11.75% |
| 5-Year IRR | ●13.2% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £4,500 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £4,500 |
| Section 24 Extra Tax/yr (higher rate) | £675 |
| SPV Annual Saving | £1,733 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £104,335 |
| Less: Purchase Price | −£90,000 |
| Less: Buying Costs (SDLT + legal) | −£7,100 |
| Less: Selling Costs (est. 2.5%) | −£2,608 |
| = CGT Net Gain (5yr) | £4,627 |
| CGT at 24% | £390 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £735 | 9.8% | 5.9% | £75 | 0.2% |
| Conservative | £804 | 10.7% | 7.0% | £217 | 9.3% |
| Base | £865 | 11.5% | 7.8% | £304 | 13.2% |
| Optimistic | £934 | 12.5% | 8.7% | £401 | 17.8% |
| Bull | £1,021 | 13.6% | 9.8% | £514 | 23.7% |
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