11 Middlewell Court, Northampton, NN3 9TZ
Estimate of £280k for this semi-detached house. 711 sales in NN3 in the last 12 months; median £259k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£250,000
- SDLT standard£2,500
- SDLT BTL surcharge (5%)£12,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£267,100
Funding
- Deposit (25%)£62,500
- Mortgage (75% LTV)£187,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£79,600
Monthly Returns
- Monthly Rent (estimate)£1,450
- Mortgage Payment (IO)-£820
- Management (10%)-£145
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£385
Capital Returns
- 5yr Property Value£261,584
- 5yr Capital Gain (0.91% pa, historical)+£11,584
- 5yr Cumulative Rent (net)+£75,490
- Less mortgage interest-£49,200
- 5yr Total Return+£37,874
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 | £252,275 | £64,775 | +£4,620 | +£6,895 | 8.7% |
| Year 2 | £254,571 | £67,071 | +£9,552 | +£14,123 | 17.7% |
| Year 3 | £256,887 | £69,387 | +£14,803 | +£21,690 | 27.2% |
| Year 4 | £259,225 | £71,725 | +£20,380 | +£29,605 | 37.2% |
| Year 5 | £261,584 | £74,084 | +£26,290 | +£37,874 | 47.6% |
Modelled on the live asking price. Capital growth 0.91% a year is the NN3 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 (£79,600).
Price Forecast
No forecast available.