14 Provender Walk, Belvedere Road, Faversham, ME13 7NF
Estimate of £523k for this terrace property. 337 sales in ME13 in the last 12 months; median £345k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£675,000
- SDLT standard£23,750
- SDLT BTL surcharge (5%)£33,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£734,600
Funding
- Deposit (25%)£168,750
- Mortgage (75% LTV)£506,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£228,350
Monthly Returns
- Monthly Rent (estimate)£2,250
- Mortgage Payment (IO)-£2,215
- Management (10%)-£225
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£290
Capital Returns
- 5yr Property Value£665,269
- 5yr Capital Gain (-0.29% pa, historical)-£9,731
- 5yr Cumulative Rent (net)+£120,445
- Less mortgage interest-£132,900
- 5yr Total Return-£22,186
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 | £673,042 | £166,792 | -£3,480 | -£5,438 | -2.4% |
| Year 2 | £671,091 | £164,841 | -£6,480 | -£10,389 | -4.5% |
| Year 3 | £669,145 | £162,895 | -£8,977 | -£14,833 | -6.5% |
| Year 4 | £667,204 | £160,954 | -£10,973 | -£18,769 | -8.2% |
| Year 5 | £665,269 | £159,019 | -£12,455 | -£22,186 | -9.7% |
Modelled on the live asking price. Capital growth -0.29% a year is the ME13 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 (£228,350).
Price Forecast
No forecast available.