12 Sunbeach Holiday Village, California Road, Ormesby St Margaret W Scratby, Great Yarmouth, NR29 3QN
Estimate of £26k for this mid terrace bungalow. 281 sales in NR29 in the last 12 months; median £245k.
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)£100
- Mortgage Payment (IO)-£66
- Management (10%)-£10
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£76
Capital Returns
- 5yr Property Value£21,303
- 5yr Capital Gain (1.27% pa, historical)+£1,303
- 5yr Cumulative Rent (net)-£379
- Less mortgage interest-£3,960
- 5yr Total Return-£3,036
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 | £20,254 | £5,254 | -£912 | -£658 | -9.3% |
| Year 2 | £20,511 | £5,511 | -£1,800 | -£1,289 | -18.2% |
| Year 3 | £20,772 | £5,772 | -£2,664 | -£1,892 | -26.6% |
| Year 4 | £21,036 | £6,036 | -£3,514 | -£2,479 | -34.9% |
| Year 5 | £21,303 | £6,303 | -£4,339 | -£3,036 | -42.8% |
Modelled on the live asking price. Capital growth 1.27% a year is the NR29 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 (£7,100).
Price Forecast
No forecast available.