10 Woodside Avenue, Kinmel Bay, Rhyl, LL18 5ND
Estimate of £144k for this detached house. 469 sales in LL18 in the last 12 months; median £182k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£145,000
- SDLT standard£400
- SDLT BTL surcharge (5%)£7,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£154,750
Funding
- Deposit (25%)£36,250
- Mortgage (75% LTV)£108,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£46,000
Monthly Returns
- Monthly Rent (estimate)£650
- Mortgage Payment (IO)-£476
- Management (10%)-£65
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£9
Capital Returns
- 5yr Property Value£162,937
- 5yr Capital Gain (2.36% pa, historical)+£17,937
- 5yr Cumulative Rent (net)+£30,536
- Less mortgage interest-£28,560
- 5yr Total Return+£19,912
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 | £148,422 | £39,672 | +£108 | +£3,530 | 7.7% |
| Year 2 | £151,925 | £43,175 | +£360 | +£7,285 | 15.8% |
| Year 3 | £155,510 | £46,760 | +£747 | +£11,257 | 24.5% |
| Year 4 | £159,180 | £50,430 | +£1,285 | +£15,465 | 33.6% |
| Year 5 | £162,937 | £54,187 | +£1,976 | +£19,912 | 43.3% |
Modelled on the live asking price. Capital growth 2.36% a year is the LL18 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 (£46,000).
Price Forecast
No forecast available.