Recent sale
LAUREN HOUSE, 6 BEECHPARK AVENUE
£220k
Sale price
£/sqft
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Rent pcm
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Yield
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Estimate of £642k for detached houses in Manchester. 275 transactions in the last 12 months; median £245k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £679,814 | £198,314 | +£612 | +£38,426 | 14.0% |
| Year 2 | £719,855 | £238,355 | +£1,224 | +£79,079 | 28.8% |
| Year 3 | £762,254 | £280,754 | +£1,836 | +£122,090 | 44.5% |
| Year 4 | £807,151 | £325,651 | +£2,448 | +£167,599 | 61.0% |
| Year 5 | £854,692 | £373,192 | +£3,060 | +£215,752 | 78.6% |
Assumes 5.89% pa capital growth (API forecast), 3.0% rental growth, 5.25% IO mortgage held for 5 years, light refurb completed year 0. ROI is on total cash invested (£274,640).
No forecast available.