10 Feaver Drive, Faversham, ME13 7UL
Estimate of £371k for this end terrace house. 337 sales in ME13 in the last 12 months; median £345k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£300,000
- SDLT standard£5,000
- SDLT BTL surcharge (5%)£15,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£322,100
Funding
- Deposit (25%)£75,000
- Mortgage (75% LTV)£225,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£97,100
Monthly Returns
- Monthly Rent (estimate)£1,600
- Mortgage Payment (IO)-£984
- Management (10%)-£160
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£356
Capital Returns
- 5yr Property Value£295,675
- 5yr Capital Gain (-0.29% pa, historical)-£4,325
- 5yr Cumulative Rent (net)+£83,934
- Less mortgage interest-£59,040
- 5yr Total Return+£20,569
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 | £299,130 | £74,130 | +£4,272 | +£3,402 | 3.5% |
| Year 2 | £298,263 | £73,263 | +£8,892 | +£7,155 | 7.4% |
| Year 3 | £297,398 | £72,398 | +£13,868 | +£11,265 | 11.6% |
| Year 4 | £296,535 | £71,535 | +£19,195 | +£15,730 | 16.2% |
| Year 5 | £295,675 | £70,675 | +£24,894 | +£20,569 | 21.2% |
Modelled on the live asking price. Capital growth -0.29% a year is the ME13 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 (£97,100).
Price Forecast
No forecast available.