112 Marsh Street, Barrow-in-Furness, LA14 2AA
Estimate of £114k for this mid terrace house. 560 sales in LA14 in the last 12 months; median £130k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£115,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£5,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£122,850
Funding
- Deposit (25%)£28,750
- Mortgage (75% LTV)£86,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£36,600
Monthly Returns
- Monthly Rent (estimate)£850
- Mortgage Payment (IO)-£377
- Management (10%)-£85
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£288
Capital Returns
- 5yr Property Value£124,560
- 5yr Capital Gain (1.61% pa, historical)+£9,560
- 5yr Cumulative Rent (net)+£41,777
- Less mortgage interest-£22,620
- 5yr Total Return+£28,718
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 | £116,852 | £30,602 | +£3,456 | +£5,308 | 14.5% |
| Year 2 | £118,733 | £32,483 | +£7,092 | +£10,825 | 29.6% |
| Year 3 | £120,644 | £34,394 | +£10,924 | +£16,568 | 45.3% |
| Year 4 | £122,587 | £36,337 | +£14,944 | +£22,531 | 61.6% |
| Year 5 | £124,560 | £38,310 | +£19,157 | +£28,718 | 78.5% |
Modelled on the live asking price. Capital growth 1.61% a year is the LA14 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 (£36,600).
Price Forecast
No forecast available.