10 Aaron Way, Kirton, Boston, PE20 1LE
Estimate of £182k for this mid terrace house. 164 sales in PE20 in the last 12 months; median £244k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£174,950
- SDLT standard£999
- SDLT BTL surcharge (5%)£8,748
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£186,797
Funding
- Deposit (25%)£43,738
- Mortgage (75% LTV)£131,212
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£55,584
Monthly Returns
- Monthly Rent (estimate)£800
- Mortgage Payment (IO)-£574
- Management (10%)-£80
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£46
Capital Returns
- 5yr Property Value£208,188
- 5yr Capital Gain (3.54% pa, historical)+£33,238
- 5yr Cumulative Rent (net)+£38,955
- Less mortgage interest-£34,440
- 5yr Total Return+£37,752
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 | £181,143 | £49,931 | +£552 | +£6,745 | 12.1% |
| Year 2 | £187,556 | £56,343 | +£1,272 | +£13,878 | 25.0% |
| Year 3 | £194,195 | £62,983 | +£2,176 | +£21,421 | 38.5% |
| Year 4 | £201,070 | £69,857 | +£3,255 | +£29,375 | 52.8% |
| Year 5 | £208,188 | £76,975 | +£4,515 | +£37,752 | 67.9% |
Modelled on the live asking price. Capital growth 3.54% a year is the PE20 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 (£55,584).
Price Forecast
No forecast available.