Recent sale
BEAUMONT COURT, 61 - 71 VICTORIA AVENUE
£215k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Estimate of £231k for flat/maisonettes in Southend-On-Sea. 408 transactions in the last 12 months; median £312k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £238,669 | £65,419 | +£4,776 | +£12,445 | 12.1% |
| Year 2 | £246,593 | £73,343 | +£9,552 | +£25,145 | 24.5% |
| Year 3 | £254,780 | £81,530 | +£14,328 | +£38,108 | 37.1% |
| Year 4 | £263,239 | £89,989 | +£19,104 | +£51,343 | 50.0% |
| Year 5 | £271,978 | £98,728 | +£23,880 | +£64,858 | 63.2% |
Assumes 3.32% pa capital growth (API forecast), 3.0% rental growth, 5.25% IO mortgage held for 5 years, light refurb completed year 0. ROI is on total cash invested (£102,590).
No forecast available.