131 Milton Street, Brixham, TQ5 0AS
Estimate of £349k for this terrace property. 234 sales in TQ5 in the last 12 months; median £274k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£350,000
- SDLT standard£7,500
- SDLT BTL surcharge (5%)£17,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£377,100
Funding
- Deposit (25%)£87,500
- Mortgage (75% LTV)£262,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£114,600
Monthly Returns
- Monthly Rent (estimate)£1,400
- Mortgage Payment (IO)-£1,148
- Management (10%)-£140
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£12
Capital Returns
- 5yr Property Value£357,234
- 5yr Capital Gain (0.41% pa, historical)+£7,234
- 5yr Cumulative Rent (net)+£72,668
- Less mortgage interest-£68,880
- 5yr Total Return+£11,022
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 | £351,435 | £88,935 | +£144 | +£1,579 | 1.4% |
| Year 2 | £352,876 | £90,376 | +£588 | +£3,464 | 3.0% |
| Year 3 | £354,323 | £91,823 | +£1,339 | +£5,661 | 4.9% |
| Year 4 | £355,775 | £93,275 | +£2,403 | +£8,178 | 7.1% |
| Year 5 | £357,234 | £94,734 | +£3,788 | +£11,022 | 9.6% |
Modelled on the live asking price. Capital growth 0.41% a year is the TQ5 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 (£114,600).
Price Forecast
No forecast available.