15 The Broadlands, The Street, Syderstone, King's Lynn, PE31 8ST
Estimate of £239k for this terrace property. 257 sales in PE31 in the last 12 months; median £325k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£240,000
- SDLT standard£2,300
- SDLT BTL surcharge (5%)£12,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£256,400
Funding
- Deposit (25%)£60,000
- Mortgage (75% LTV)£180,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£76,400
Monthly Returns
- Monthly Rent (estimate)£900
- Mortgage Payment (IO)-£788
- Management (10%)-£90
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£78
Capital Returns
- 5yr Property Value£251,619
- 5yr Capital Gain (0.95% pa, historical)+£11,619
- 5yr Cumulative Rent (net)+£44,576
- Less mortgage interest-£47,280
- 5yr Total Return+£8,914
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 | £242,280 | £62,280 | -£936 | +£1,344 | 1.8% |
| Year 2 | £244,582 | £64,582 | -£1,680 | +£2,902 | 3.8% |
| Year 3 | £246,905 | £66,905 | -£2,228 | +£4,678 | 6.1% |
| Year 4 | £249,251 | £69,251 | -£2,575 | +£6,676 | 8.7% |
| Year 5 | £251,619 | £71,619 | -£2,704 | +£8,914 | 11.7% |
Modelled on the live asking price. Capital growth 0.95% a year is the PE31 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 (£76,400).
Price Forecast
No forecast available.