Recent sale
19 RIDING CLOSE
£430k
Sale price
£/sqft
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Rent pcm
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Yield
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Estimate of £361k for detached houses in Manchester. 280 transactions in the last 12 months; median £234k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £377,028 | £106,278 | -£72 | +£15,956 | 10.2% |
| Year 2 | £393,768 | £123,018 | -£144 | +£32,624 | 20.8% |
| Year 3 | £411,252 | £140,502 | -£216 | +£50,036 | 31.9% |
| Year 4 | £429,511 | £158,761 | -£288 | +£68,223 | 43.6% |
| Year 5 | £448,582 | £177,832 | -£360 | +£87,222 | 55.7% |
Assumes 4.44% pa capital growth (API forecast), 3.0% rental growth, 5.25% IO mortgage held for 5 years, light refurb completed year 0. ROI is on total cash invested (£156,620).
No forecast available.