1 Town Close, Church Street, Stradbroke, Eye, IP21 5HS
Estimate of £241k for this semi-detached house. 121 sales in IP21 in the last 12 months; median £340k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£240,000
- SDLT standard£2,300
- SDLT BTL surcharge (5%)£12,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£256,400
Funding
- Deposit (25%)£60,000
- Mortgage (75% LTV)£180,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£76,400
Monthly Returns
- Monthly Rent (estimate)£1,100
- Mortgage Payment (IO)-£788
- Management (10%)-£110
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£102
Capital Returns
- 5yr Property Value£251,121
- 5yr Capital Gain (0.91% pa, historical)+£11,121
- 5yr Cumulative Rent (net)+£55,829
- Less mortgage interest-£47,280
- 5yr Total Return+£19,670
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 | £242,184 | £62,184 | +£1,224 | +£3,408 | 4.5% |
| Year 2 | £244,388 | £64,388 | +£2,688 | +£7,076 | 9.3% |
| Year 3 | £246,612 | £66,612 | +£4,397 | +£11,009 | 14.4% |
| Year 4 | £248,856 | £68,856 | +£6,345 | +£15,201 | 19.9% |
| Year 5 | £251,121 | £71,121 | +£8,549 | +£19,670 | 25.7% |
Modelled on the live asking price. Capital growth 0.91% a year is the IP21 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 (£76,400).
Price Forecast
No forecast available.