14 Ingle Avenue, Morley, Leeds, LS27 9NR
Estimate of £208k for this property. 501 sales in LS27 in the last 12 months; median £215k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£230,000
- SDLT standard£2,100
- SDLT BTL surcharge (5%)£11,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£245,700
Funding
- Deposit (25%)£57,500
- Mortgage (75% LTV)£172,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£73,200
Monthly Returns
- Monthly Rent (estimate)£1,200
- Mortgage Payment (IO)-£755
- Management (10%)-£120
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£225
Capital Returns
- 5yr Property Value£260,224
- 5yr Capital Gain (2.50% pa, historical)+£30,224
- 5yr Cumulative Rent (net, before lease costs)+£61,450
- Less mortgage interest-£45,300
- 5yr Total Return (before lease costs)+£46,374
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 | £235,750 | £63,250 | +£2,700 | +£8,450 | 11.5% |
| Year 2 | £241,644 | £69,144 | +£5,664 | +£17,308 | 23.6% |
| Year 3 | £247,685 | £75,185 | +£8,886 | +£26,571 | 36.3% |
| Year 4 | £253,877 | £81,377 | +£12,383 | +£36,260 | 49.5% |
| Year 5 | £260,224 | £87,724 | +£16,150 | +£46,374 | 63.4% |
Modelled on the live asking price. Capital growth 2.50% a year is the LS27 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 (£73,200).
Price Forecast
No forecast available.