1 Benthall Walk, Denton, Manchester, M34 6NZ
Estimate of £201k for this end terrace house. 445 sales in M34 in the last 12 months; median £218k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Estimated Value£201,000
- SDLT standard£1,520
- SDLT BTL surcharge (5%)£10,050
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£214,670
Funding
- Deposit (25%)£50,250
- Mortgage (75% LTV)£150,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£63,920
Monthly Returns
- Monthly Rent (estimate)£1,250
- Mortgage Payment (IO)-£660
- Management (10%)-£125
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£365
Capital Returns
- 5yr Property Value£248,928
- 5yr Capital Gain (4.37% pa, historical)+£47,928
- 5yr Cumulative Rent (net)+£64,249
- Less mortgage interest-£39,600
- 5yr Total Return+£72,577
Modelled on the estimated value: the property is not on the market. Assumed, as in the PDF report: 25% deposit, 5.25% interest-only mortgage, management 10% of rent, insurance £40/mo, maintenance £60/mo, legal, survey and broker £2,100. Refurbishment, voids and letting fees are not costed.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £209,784 | £59,034 | +£4,380 | +£13,164 | 20.6% |
| Year 2 | £218,951 | £68,201 | +£9,024 | +£26,975 | 42.2% |
| Year 3 | £228,519 | £77,769 | +£13,950 | +£41,469 | 64.9% |
| Year 4 | £238,506 | £87,756 | +£19,152 | +£56,658 | 88.6% |
| Year 5 | £248,928 | £98,178 | +£24,649 | +£72,577 | 113.5% |
Modelled on the estimated value: the property is not on the market. Capital growth 4.37% a year is the M34 area's 5-year historical rate (Land Registry medians), not a forecast. Rent grows 2% a year (assumed); management is 10% of each year's rent. Mortgage held interest-only at 5.25% for 5 years. Refurbishment, voids and letting fees are not costed. ROI is on cash required (£63,920).
Price Forecast
No forecast available.