# ✅ Deal Pack — RM-013
**Generated:** 2026-06-05 | **Status:** GO | **Pipeline Run:** Alice

---

## Property Summary
| Field | Value |
|-------|-------|
| Postcode | MK14 6GH |
| Area | Milton Keynes |
| Type | 3bed Terraced |
| Tenure | Freehold |
| Asking Price | £180,000 |
| EPC Rating | B |
| Portal | [Zoopla](https://www.zoopla.co.uk/properties/013) |
| Agent | Romans |
| Agent Email | mk@romans.co.uk |
| Flags | None |

---

## Financial Analysis (Quinn)

### Rental Income
| | Monthly | Annual |
|---|---|---|
| Gross rent | £1,348 | £16,176 |
| Management fee (10% of rent) | £135 | £1,618 |
| Maintenance reserve (5% of rent) | — | £809 |
| Insurance | — | £400 |
| Accountancy | — | £200 |
| Void periods | — | £623 |
| **Net rent** | **£1,044** | **£12,527** |

- **Gross Yield:** 8.99% ✅
- **Net Yield:** 6.96%

### Capital Structure (Quinn estimate)
| | |
|---|---|
| Asking price | £180,000 |
| Deposit (25%) | £45,000 |
| Mortgage (75% LTV @ 5.5% IO) | £135,000 |
| Monthly mortgage | £619 |
| SDLT (5.0% effective) | £9,000 |
| Legal + survey + broker + searches | £2,900 |
| Mortgage fees | £1,349 |
| Refurbishment | £4,800 |
| **Total cash invested** | **£63,049** |

### Cashflow
| | Monthly | Annual |
|---|---|---|
| Gross rent | £1,348 | £16,176 |
| Running costs | -£304 | -£3,649 |
| Mortgage | -£619 | -£7,425 |
| **Net cashflow** | **£425** ✅ | **£5,102** |

### ROCE
```
Annual Net Cashflow  :  £5,102
Total Cash Invested  :  £63,049
──────────────────────────────────────────────
ROCE = £5,102 ÷ £63,049 × 100
     = 8.09% ✅ (target ≥8.0%)
```

### 5-Year Projections (Hector + Quinn)
| | |
|---|---|
| Current price | £180,000 |
| 5yr growth (Hector) | 19.5% ✅ |
| **Projected 5yr value** | **£215,100** |
| Capital gain | £35,100 |
| 5yr gross rental income | £86,225 |
| **Total 5yr return** | **£65,954 (104.61%)** |

---

## Area Intelligence (Hector)

**Growth drivers:**
- East West Rail (Oxford-Cambridge Arc) — connects MK to Oxford and Cambridge, expected completion 2030
- Milton Keynes City status 2023 — increased investment profile and regeneration funding
- MKDP urban expansion — Campbell Park, Eastern Expansion Area, Tattenhoe Park
- Bletchley station upgrade as East West Rail hub — significant regeneration catalyst
- MK Futures 2050 Commission — long-term growth plan for 500k+ population

| | |
|---|---|
| Rental demand score | 8.2/10 |
| Employment score | 7.8/10 |
| Annual rental growth | 3.2% |
| Data confidence | medium-high |

---

## Quinn Decision

**GO**

> Gross Yield: 8.99% (target: ≥6.5%) → ✓ PASS | Net Yield: 6.96% | ROCE: 8.09% (target: ≥8.0%) → ✓ PASS | 5yr Capital Growth Projection: 19.5% (target: ≥15.0%) → ✓ PASS | Monthly Cashflow: £425 (target: ≥£150) → ✓ PASS | Deposit Required: £45,000 | Mortgage: £135,000 @ 5.5% IO | Monthly Mortgage: £619 | Monthly Rent: £1,348 | Projected 5yr Value: £215,100 (gain: £35,100) | Total Cash Invested: £63,049 | 5yr Total Return: £65,954 (104.6%) | Flags: None

---
## 💼 Trevor — Authoritative Acquisition Costs & P&L

### Acquisition Cost Breakdown
| Item | Amount |
|------|--------|
| SDLT (5.0% effective rate) | £9,000 |
| Legal fees | £1,500 |
| Survey | £500 |
| Mortgage arrangement fee | £999 |
| Mortgage valuation fee | £350 |
| Broker fee | £500 |
| Search fees | £400 |
| Refurbishment reserve | £4,800 |
| **Total acquisition costs** | **£18,449** |
| Deposit | £45,000 |
| **Total cash required** | **£63,449** |

### Annual P&L (Trevor)
| Line | Amount |
|------|--------|
| Gross annual rent | £16,176 |
| Void deduction | −£622 |
| **Effective rent** | **£15,554** |
| Mortgage (IO) | −£7,425 |
| Management fee | −£1,555 |
| Maintenance reserve | −£778 |
| Insurance | −£400 |
| Accountancy | −£200 |
| **Net profit (pre-tax)** | **£5,196** |
| Net profit (post Section 24) | £1,632 |

- **True ROCE:** 8.19%
- **True Net Yield:** 2.89%

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## 📝 Ash's Notes *(fill in after viewing)*

### Viewing Notes
*Add notes here after physical viewing...*

### Condition & Renovation Estimate
| Item | Estimated Cost |
|------|---------------|
| General redecoration | £ |
| Kitchen update | £ |
| Bathroom update | £ |
| Boiler / heating | £ |
| Other | £ |
| **Total renovation** | **£** |

### Offer Strategy
- **Target offer price:** £
- **Maximum price:** £
- **Offer rationale:** *Add notes here...*
- **Negotiation lever:** *e.g. quick completion, chain-free...*

### Legal Notes
- **Solicitor instructed:** *Name / firm*
- **Key legal flags:** *e.g. lease length, restrictive covenants*

### Mortgage Application
- **Lender:**
- **Product:**
- **Applied:**

### Pipeline Status
- [ ] Viewed
- [ ] Offer made
- [ ] Offer accepted
- [ ] Solicitor instructed
- [ ] Survey booked
- [ ] Mortgage offer received
- [ ] Exchange
- [ ] Completion

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*Deal pack generated by Alice — Puffer-Properties-R Pipeline*