1, 8 Wimborne Road, Bournemouth, BH2 6NG
Estimate of £538k for this flat/maisonette. 126 sales in BH2 in the last 12 months; median £199k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£600,000
- SDLT standard£20,000
- SDLT BTL surcharge (5%)£30,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£652,100
Funding
- Deposit (25%)£150,000
- Mortgage (75% LTV)£450,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£202,100
Monthly Returns
- Monthly Rent (estimate)£3,100
- Mortgage Payment (IO)-£1,969
- Management (10%)-£310
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£721
Capital Returns
- 5yr Property Value£529,200
- 5yr Capital Gain (-2.48% pa, historical)-£70,800
- 5yr Cumulative Rent (net, before lease costs)+£168,222
- Less mortgage interest-£118,140
- 5yr Total Return (before lease costs)-£20,718
Modelled on the live asking price. 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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £585,120 | £135,120 | +£8,652 | -£6,228 | -3.1% |
| Year 2 | £570,609 | £120,609 | +£17,976 | -£11,415 | -5.6% |
| Year 3 | £556,458 | £106,458 | +£27,975 | -£15,567 | -7.7% |
| Year 4 | £542,658 | £92,658 | +£38,676 | -£18,666 | -9.2% |
| Year 5 | £529,200 | £79,200 | +£50,082 | -£20,718 | -10.3% |
Modelled on the live asking price. Capital growth -2.48% a year is the BH2 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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£202,100).
Price Forecast
No forecast available.