1 Underwood Cottage, Underwood Drive, Rawdon, Leeds, LS19 6LA
Estimate of £489k for this purpose built flat. 238 sales in LS19 in the last 12 months; median £245k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Estimated Value£489,000
- SDLT standard£14,450
- SDLT BTL surcharge (5%)£24,450
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£530,000
Funding
- Deposit (25%)£122,250
- Mortgage (75% LTV)£366,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£163,250
Monthly Returns
- Monthly Rent (estimate)£2,450
- Mortgage Payment (IO)-£1,605
- Management (10%)-£245
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£500
Capital Returns
- 5yr Property Value£489,000
- 5yr Capital Gain (0.00% pa, historical)+£0
- 5yr Cumulative Rent (net)+£131,699
- Less mortgage interest-£96,300
- 5yr Total Return+£35,399
Modelled on the estimated value: the property is not on the market. 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 | £489,000 | £122,250 | +£6,000 | +£6,000 | 3.7% |
| Year 2 | £489,000 | £122,250 | +£12,528 | +£12,528 | 7.7% |
| Year 3 | £489,000 | £122,250 | +£19,596 | +£19,596 | 12.0% |
| Year 4 | £489,000 | £122,250 | +£27,215 | +£27,215 | 16.7% |
| Year 5 | £489,000 | £122,250 | +£35,399 | +£35,399 | 21.7% |
Modelled on the estimated value: the property is not on the market. Capital growth 0.00% a year is the LS19 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 (£163,250).
Price Forecast
No forecast available.