1 The Court, Brown Springs Lane, Oakworth, Keighley, BD22 7LR
Estimate of £587k for this semi-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£575,000
- SDLT standard£18,750
- SDLT BTL surcharge (5%)£28,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£624,600
Funding
- Deposit (25%)£143,750
- Mortgage (75% LTV)£431,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£193,350
Monthly Returns
- Monthly Rent (estimate)£3,300
- Mortgage Payment (IO)-£1,887
- Management (10%)-£330
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£983
Capital Returns
- 5yr Property Value£677,330
- 5yr Capital Gain (3.33% pa, historical)+£102,330
- 5yr Cumulative Rent (net)+£179,476
- Less mortgage interest-£113,220
- 5yr Total Return+£168,585
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 | £594,148 | £162,898 | +£11,796 | +£30,944 | 16.0% |
| Year 2 | £613,933 | £182,683 | +£24,300 | +£63,233 | 32.7% |
| Year 3 | £634,377 | £203,127 | +£37,540 | +£96,916 | 50.1% |
| Year 4 | £655,501 | £224,251 | +£51,520 | +£132,021 | 68.3% |
| Year 5 | £677,330 | £246,080 | +£66,256 | +£168,585 | 87.2% |
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 (£193,350).
Price Forecast
No forecast available.