113 Manor Mills, Ingram Street, Leeds, LS11 9BN
Estimate of £85k for this flat/maisonette. 278 sales in LS11 in the last 12 months; median £145k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£20,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£0
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£22,100
Funding
- Deposit (25%)£5,000
- Mortgage (75% LTV)£15,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£7,100
Monthly Returns
- Monthly Rent (estimate)£500
- Mortgage Payment (IO)-£66
- Management (10%)-£50
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£284
Capital Returns
- 5yr Property Value£25,223
- 5yr Capital Gain (4.75% pa, historical)+£5,223
- 5yr Cumulative Rent (net, before lease costs)+£22,104
- Less mortgage interest-£3,960
- 5yr Total Return (before lease costs)+£23,367
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 | £20,950 | £5,950 | +£3,408 | +£4,358 | 61.4% |
| Year 2 | £21,945 | £6,945 | +£6,924 | +£8,869 | 124.9% |
| Year 3 | £22,988 | £7,988 | +£10,550 | +£13,538 | 190.7% |
| Year 4 | £24,079 | £9,079 | +£14,290 | +£18,369 | 258.7% |
| Year 5 | £25,223 | £10,223 | +£18,144 | +£23,367 | 329.1% |
Modelled on the live asking price. Capital growth 4.75% a year is the LS11 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 (£7,100).
Price Forecast
No forecast available.