127 Waterloo Walk, Washington, NE37 3EN
Estimate of £27k for this flat/maisonette. 206 sales in NE37 in the last 12 months; median £125k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£29,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£0
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£31,100
Funding
- Deposit (25%)£7,250
- Mortgage (75% LTV)£21,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£9,350
Monthly Returns
- Monthly Rent (estimate)£200
- Mortgage Payment (IO)-£95
- Management (10%)-£20
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)-£15
Capital Returns
- 5yr Property Value£31,519
- 5yr Capital Gain (1.68% pa, historical)+£2,519
- 5yr Cumulative Rent (net, before lease costs)+£5,242
- Less mortgage interest-£5,700
- 5yr Total Return (before lease costs)+£2,061
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 | £29,487 | £7,737 | -£180 | +£307 | 3.3% |
| Year 2 | £29,983 | £8,233 | -£312 | +£671 | 7.2% |
| Year 3 | £30,486 | £8,736 | -£407 | +£1,079 | 11.5% |
| Year 4 | £30,998 | £9,248 | -£452 | +£1,546 | 16.5% |
| Year 5 | £31,519 | £9,769 | -£458 | +£2,061 | 22.0% |
Modelled on the live asking price. Capital growth 1.68% a year is the NE37 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 (£9,350).
Price Forecast
No forecast available.