1 Kestrel Close, Heapey, Chorley, PR6 9BF
Estimate of £467k for this semi-detached property. 388 sales in PR6 in the last 12 months; median £227k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£450,000
- SDLT standard£12,500
- SDLT BTL surcharge (5%)£22,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£487,100
Funding
- Deposit (25%)£112,500
- Mortgage (75% LTV)£337,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£149,600
Monthly Returns
- Monthly Rent (estimate)£1,800
- Mortgage Payment (IO)-£1,477
- Management (10%)-£180
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£43
Capital Returns
- 5yr Property Value£559,442
- 5yr Capital Gain (4.45% pa, historical)+£109,442
- 5yr Cumulative Rent (net)+£95,163
- Less mortgage interest-£88,620
- 5yr Total Return+£115,985
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 | £470,025 | £132,525 | +£516 | +£20,541 | 13.7% |
| Year 2 | £490,941 | £153,441 | +£1,416 | +£42,357 | 28.3% |
| Year 3 | £512,788 | £175,288 | +£2,721 | +£65,509 | 43.8% |
| Year 4 | £535,607 | £198,107 | +£4,427 | +£90,034 | 60.2% |
| Year 5 | £559,442 | £221,942 | +£6,543 | +£115,985 | 77.5% |
Modelled on the live asking price. Capital growth 4.45% a year is the PR6 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 (£149,600).
Price Forecast
No forecast available.