1 Fern Cottage, Walcott Road, Bacton, Norwich, NR12 0HB
Estimate of £269k for this semi-detached house. 225 sales in NR12 in the last 12 months; median £300k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£275,000
- SDLT standard£3,750
- SDLT BTL surcharge (5%)£13,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£294,600
Funding
- Deposit (25%)£68,750
- Mortgage (75% LTV)£206,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£88,350
Monthly Returns
- Monthly Rent (estimate)£1,050
- Mortgage Payment (IO)-£902
- Management (10%)-£105
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£57
Capital Returns
- 5yr Property Value£275,000
- 5yr Capital Gain (0.00% pa, historical)+£0
- 5yr Cumulative Rent (net)+£53,019
- Less mortgage interest-£54,120
- 5yr Total Return-£1,101
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.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £275,000 | £68,750 | -£684 | -£684 | -0.8% |
| Year 2 | £275,000 | £68,750 | -£1,140 | -£1,140 | -1.3% |
| Year 3 | £275,000 | £68,750 | -£1,363 | -£1,363 | -1.5% |
| Year 4 | £275,000 | £68,750 | -£1,348 | -£1,348 | -1.5% |
| Year 5 | £275,000 | £68,750 | -£1,101 | -£1,101 | -1.2% |
Modelled on the live asking price. Capital growth 0.00% a year is the NR12 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 (£88,350).
Price Forecast
No forecast available.