16 Bay View Gardens, 14B West Cliff Road, Bournemouth, BH2 5JB
Estimate of £531k for this flat/maisonette. 126 sales in BH2 in the last 12 months; median £199k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£575,000
- SDLT standard£18,750
- SDLT BTL surcharge (5%)£28,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£624,600
Funding
- Deposit (25%)£143,750
- Mortgage (75% LTV)£431,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£193,350
Monthly Returns
- Monthly Rent (estimate)£3,050
- Mortgage Payment (IO)-£1,887
- Management (10%)-£305
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£758
Capital Returns
- 5yr Property Value£507,150
- 5yr Capital Gain (-2.48% pa, historical)-£67,850
- 5yr Cumulative Rent (net, before lease costs)+£165,424
- Less mortgage interest-£113,220
- 5yr Total Return (before lease costs)-£15,646
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 | £560,740 | £129,490 | +£9,096 | -£5,164 | -2.7% |
| Year 2 | £546,834 | £115,584 | +£18,852 | -£9,314 | -4.8% |
| Year 3 | £533,272 | £102,022 | +£29,283 | -£12,445 | -6.4% |
| Year 4 | £520,047 | £88,797 | +£40,391 | -£14,562 | -7.5% |
| Year 5 | £507,150 | £75,900 | +£52,204 | -£15,646 | -8.1% |
Modelled on the live asking price. Capital growth -2.48% a year is the BH2 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 (£193,350).
Price Forecast
No forecast available.