12 Molesworth Way, Holsworthy, EX22 7FD
Estimate of £293k for this semi-detached house. 118 sales in EX22 in the last 12 months; median £290k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£495,000
- SDLT standard£14,750
- SDLT BTL surcharge (5%)£24,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£536,600
Funding
- Deposit (25%)£123,750
- Mortgage (75% LTV)£371,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£165,350
Monthly Returns
- Monthly Rent (estimate)£1,050
- Mortgage Payment (IO)-£1,624
- Management (10%)-£105
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£779
Capital Returns
- 5yr Property Value£476,234
- 5yr Capital Gain (-0.77% pa, historical)-£18,766
- 5yr Cumulative Rent (net)+£53,019
- Less mortgage interest-£97,440
- 5yr Total Return-£63,187
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 | £491,188 | £119,938 | -£9,348 | -£13,160 | -8.0% |
| Year 2 | £487,406 | £116,156 | -£18,468 | -£26,062 | -15.8% |
| Year 3 | £483,653 | £112,403 | -£27,355 | -£38,702 | -23.4% |
| Year 4 | £479,929 | £108,679 | -£36,004 | -£51,075 | -30.9% |
| Year 5 | £476,234 | £104,984 | -£44,421 | -£63,187 | -38.2% |
Modelled on the live asking price. Capital growth -0.77% a year is the EX22 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 (£165,350).
Price Forecast
No forecast available.