16 Hoo Street, Port Tennant, Swansea, SA1 8NY
Estimate of £132k for this terrace property. 445 sales in SA1 in the last 12 months; median £140k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£120,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£6,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£128,100
Funding
- Deposit (25%)£30,000
- Mortgage (75% LTV)£90,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£38,100
Monthly Returns
- Monthly Rent (estimate)£850
- Mortgage Payment (IO)-£394
- Management (10%)-£85
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£271
Capital Returns
- 5yr Property Value£129,210
- 5yr Capital Gain (1.49% pa, historical)+£9,210
- 5yr Cumulative Rent (net)+£41,777
- Less mortgage interest-£23,640
- 5yr Total Return+£27,348
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 | £121,788 | £31,788 | +£3,252 | +£5,040 | 13.2% |
| Year 2 | £123,603 | £33,603 | +£6,684 | +£10,287 | 27.0% |
| Year 3 | £125,444 | £35,444 | +£10,312 | +£15,756 | 41.4% |
| Year 4 | £127,313 | £37,313 | +£14,128 | +£21,442 | 56.3% |
| Year 5 | £129,210 | £39,210 | +£18,137 | +£27,348 | 71.8% |
Modelled on the live asking price. Capital growth 1.49% a year is the SA1 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 (£38,100).
Price Forecast
No forecast available.