12 Bedfont Walk, Manchester, M9 4AN
Estimate of £245k for this mid terrace house. 264 sales in M9 in the last 12 months; median £182k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Estimated Value£245,000
- SDLT standard£2,400
- SDLT BTL surcharge (5%)£12,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£261,750
Funding
- Deposit (25%)£61,250
- Mortgage (75% LTV)£183,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£78,000
Monthly Returns
- Monthly Rent (estimate)£1,850
- Mortgage Payment (IO)-£804
- Management (10%)-£185
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£761
Capital Returns
- 5yr Property Value£342,983
- 5yr Capital Gain (6.96% pa, historical)+£97,983
- 5yr Cumulative Rent (net)+£97,986
- Less mortgage interest-£48,240
- 5yr Total Return+£147,729
Modelled on the estimated value: the property is not on the market. 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 | £262,052 | £78,302 | +£9,132 | +£26,184 | 33.6% |
| Year 2 | £280,291 | £96,541 | +£18,660 | +£53,951 | 69.2% |
| Year 3 | £299,799 | £116,049 | +£28,605 | +£83,404 | 106.9% |
| Year 4 | £320,665 | £136,915 | +£38,964 | +£114,629 | 147.0% |
| Year 5 | £342,983 | £159,233 | +£49,746 | +£147,729 | 189.4% |
Modelled on the estimated value: the property is not on the market. Capital growth 6.96% a year is the M9 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 (£78,000).
Price Forecast
No forecast available.