16 Clarence Road, Barrow-in-Furness, LA14 5LR
Estimate of £250k for this semi-detached house. 560 sales in LA14 in the last 12 months; median £130k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£250,000
- SDLT standard£2,500
- SDLT BTL surcharge (5%)£12,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£267,100
Funding
- Deposit (25%)£62,500
- Mortgage (75% LTV)£187,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£79,600
Monthly Returns
- Monthly Rent (estimate)£1,150
- Mortgage Payment (IO)-£820
- Management (10%)-£115
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£115
Capital Returns
- 5yr Property Value£270,784
- 5yr Capital Gain (1.61% pa, historical)+£20,784
- 5yr Cumulative Rent (net)+£58,640
- Less mortgage interest-£49,200
- 5yr Total Return+£30,223
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 | £254,025 | £66,525 | +£1,380 | +£5,405 | 6.8% |
| Year 2 | £258,115 | £70,615 | +£3,012 | +£11,127 | 14.0% |
| Year 3 | £262,270 | £74,770 | +£4,890 | +£17,160 | 21.6% |
| Year 4 | £266,493 | £78,993 | +£7,030 | +£23,523 | 29.6% |
| Year 5 | £270,784 | £83,284 | +£9,440 | +£30,223 | 38.0% |
Modelled on the live asking price. Capital growth 1.61% a year is the LA14 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 (£79,600).
Price Forecast
No forecast available.