14 Topcliffe Green, Morley, Leeds, LS27 8UE
Estimate of £237k for this terrace 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£210,000
- SDLT standard£1,700
- SDLT BTL surcharge (5%)£10,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£224,300
Funding
- Deposit (25%)£52,500
- Mortgage (75% LTV)£157,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£66,800
Monthly Returns
- Monthly Rent (estimate)£1,350
- Mortgage Payment (IO)-£689
- Management (10%)-£135
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£426
Capital Returns
- 5yr Property Value£237,596
- 5yr Capital Gain (2.50% pa, historical)+£27,596
- 5yr Cumulative Rent (net)+£69,881
- Less mortgage interest-£41,340
- 5yr Total Return+£56,137
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 | £215,250 | £57,750 | +£5,112 | +£10,362 | 15.5% |
| Year 2 | £220,631 | £63,131 | +£10,512 | +£21,143 | 31.7% |
| Year 3 | £226,147 | £68,647 | +£16,218 | +£32,366 | 48.5% |
| Year 4 | £231,801 | £74,301 | +£22,226 | +£44,027 | 65.9% |
| Year 5 | £237,596 | £80,096 | +£28,541 | +£56,137 | 84.0% |
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. ROI is on cash required (£66,800).
Price Forecast
No forecast available.