14 Fairway, Shoppenhangers Road, Maidenhead, SL6 2PZ
Estimate of £368k for this purpose built flat. 761 sales in SL6 in the last 12 months; median £500k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£365,000
- SDLT standard£8,250
- SDLT BTL surcharge (5%)£18,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£393,600
Funding
- Deposit (25%)£91,250
- Mortgage (75% LTV)£273,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£119,850
Monthly Returns
- Monthly Rent (estimate)£1,600
- Mortgage Payment (IO)-£1,198
- Management (10%)-£160
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£142
Capital Returns
- 5yr Property Value£388,390
- 5yr Capital Gain (1.25% pa, historical)+£23,390
- 5yr Cumulative Rent (net, before lease costs)+£83,934
- Less mortgage interest-£71,880
- 5yr Total Return (before lease costs)+£35,444
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 | £369,562 | £95,812 | +£1,704 | +£6,266 | 5.2% |
| Year 2 | £374,182 | £100,432 | +£3,756 | +£12,938 | 10.8% |
| Year 3 | £378,859 | £105,109 | +£6,164 | +£20,023 | 16.7% |
| Year 4 | £383,595 | £109,845 | +£8,923 | +£27,518 | 23.0% |
| Year 5 | £388,390 | £114,640 | +£12,054 | +£35,444 | 29.6% |
Modelled on the live asking price. Capital growth 1.25% a year is the SL6 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 (£119,850).
Price Forecast
No forecast available.