1 Privet Drive, Oakworth, Keighley, BD22 7JF
Estimate of £323k for this detached house. 392 sales in BD22 in the last 12 months; median £189k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£315,000
- SDLT standard£5,750
- SDLT BTL surcharge (5%)£15,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£338,600
Funding
- Deposit (25%)£78,750
- Mortgage (75% LTV)£236,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£102,350
Monthly Returns
- Monthly Rent (estimate)£1,700
- Mortgage Payment (IO)-£1,034
- Management (10%)-£170
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£396
Capital Returns
- 5yr Property Value£371,059
- 5yr Capital Gain (3.33% pa, historical)+£56,059
- 5yr Cumulative Rent (net)+£89,554
- Less mortgage interest-£62,040
- 5yr Total Return+£83,573
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 | £325,490 | £89,240 | +£4,752 | +£15,242 | 14.9% |
| Year 2 | £336,328 | £100,078 | +£9,876 | +£31,204 | 30.5% |
| Year 3 | £347,528 | £111,278 | +£15,368 | +£47,896 | 46.8% |
| Year 4 | £359,101 | £122,851 | +£21,249 | +£65,350 | 63.8% |
| Year 5 | £371,059 | £134,809 | +£27,514 | +£83,573 | 81.7% |
Modelled on the live asking price. Capital growth 3.33% a year is the BD22 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 (£102,350).
Price Forecast
No forecast available.