110 Waterloo Walk, Washington, NE37 3EN
Estimate of £28k for this flat/maisonette. 206 sales in NE37 in the last 12 months; median £125k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£39,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£0
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£41,100
Funding
- Deposit (25%)£9,750
- Mortgage (75% LTV)£29,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£11,850
Monthly Returns
- Monthly Rent (estimate)£250
- Mortgage Payment (IO)-£128
- Management (10%)-£25
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)-£3
Capital Returns
- 5yr Property Value£42,388
- 5yr Capital Gain (1.68% pa, historical)+£3,388
- 5yr Cumulative Rent (net, before lease costs)+£8,040
- Less mortgage interest-£7,680
- 5yr Total Return (before lease costs)+£3,748
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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £39,655 | £10,405 | -£36 | +£619 | 5.2% |
| Year 2 | £40,321 | £11,071 | -£24 | +£1,297 | 10.9% |
| Year 3 | £40,999 | £11,749 | +£49 | +£2,048 | 17.3% |
| Year 4 | £41,688 | £12,438 | +£173 | +£2,860 | 24.1% |
| Year 5 | £42,388 | £13,138 | +£360 | +£3,748 | 31.6% |
Modelled on the live asking price. Capital growth 1.68% a year is the NE37 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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£11,850).
Price Forecast
No forecast available.