12 Vernon Street, Mossley, Ashton-under-Lyne, OL5 0BT

UPRN:100011556370Mid Terrace House2 bedsBuilt before 1900

LeaseholdCouncil Tax: Band AEPC: D (64)

Data freshness:Planning· 4mo agoEPC· 5mo agoRisk· 2y agoAmenities· 1mo agoArea· Census 2021Council Tax· 3mo ago

Valuation estimateUpdated yesterday

£161,000

Estimated value

Range: £153k - £169k|Last sold: £74k (2012-03-09)

Estimate of £161k for this mid terrace house. 142 sales in OL5 in the last 12 months; median £197k.

Estimate confidence

High confidence

Value History

Monthly AVM sale-value estimate

Current estimate

£161k

£153k - £169k - High confidence

Annualised (CAGR)

+5.46%

Over the full window

Peak estimate

£176k

Jul 2024

From peak

-8.52%

Drawdown from peak

AVM estimate (model)Repeat-sales index - OL5 district (quarterly)index YoY +23.34%

Growth by window

-1.23%

+1.26%

12m

-4.17%

24m

-3.01%

60m

+24.81%

Rental Market

Monthly

Estimated rent (pcm)

£850

/ month

Gross yield

6.42%

Rent ÷ asking price

Net yield

4.43%

Assumes ~31% running costs (not this property's)

Vacancy trend

12-month change

Market Metrics

6 live signals

Median Area Price

£197k

OL5 sales, last 12 months

12m Price Growth

OL5 median, Land Registry

Days on Market

133d

OL5 average

Sales & Yield

3 metrics

Transactions / 12m

142

OL5 sales

Area Gross Yield

OL5 medians

Last Sold

£74k

2012-03-09

Investment Analysis

Buy-to-let cashflow + capital returns

25% deposit · IO

Purchase

Asking Price£159,000
SDLT standard£680
SDLT BTL surcharge (5%)£7,950
Legal, survey + broker (assumed)£2,100
RefurbishmentNot costed
Total Cost (excl. refurb)£169,730

Funding

Deposit (25%)£39,750
Mortgage (75% LTV)£119,250
Interest Rate (assumed)5.25%
Mortgage TypeInterest Only
Cash Required£50,480

Monthly Returns

Monthly Rent (estimate)£850
Mortgage Payment (IO)-£522
Management (10%)-£85
Insurance (assumed)-£40
Maintenance (assumed)-£60
Monthly Cashflow, before lease costs (not stated)+£143

Capital Returns

5yr Property Value£187,296
5yr Capital Gain (3.33% pa, historical)+£28,296
5yr Cumulative Rent (net, before lease costs)+£41,777
Less mortgage interest-£31,320
5yr Total Return (before lease costs)+£38,754

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

BTL · Interest Only

Year	Property Value	Equity	Cashflow (cumulative)	Total Return	ROI
Year 1	£164,295	£45,045	+£1,716	+£7,011	13.9%
Year 2	£169,766	£50,516	+£3,612	+£14,378	28.5%
Year 3	£175,419	£56,169	+£5,704	+£22,123	43.8%
Year 4	£181,260	£62,010	+£7,984	+£30,245	59.9%
Year 5	£187,296	£68,046	+£10,457	+£38,754	76.8%

Modelled on the live asking price. Capital growth 3.33% a year is the OL5 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 (£50,480).

Price Forecast

No forecast available.

Demand & Supply

Median earnings (local authority)

Signal

1,505

Population

Signal

3.2%

Households Deprived

Upside Opportunities

0 levers