16 Sirdar Road, Southampton, SO17 3SJ
Estimate of £328k for this semi-detached house. 185 sales in SO17 in the last 12 months; median £210k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£325,000
- SDLT standard£6,250
- SDLT BTL surcharge (5%)£16,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£349,600
Funding
- Deposit (25%)£81,250
- Mortgage (75% LTV)£243,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£105,850
Monthly Returns
- Monthly Rent (estimate)£2,200
- Mortgage Payment (IO)-£1,066
- Management (10%)-£220
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£814
Capital Returns
- 5yr Property Value£306,737
- 5yr Capital Gain (-1.15% pa, historical)-£18,263
- 5yr Cumulative Rent (net)+£117,659
- Less mortgage interest-£63,960
- 5yr Total Return+£35,436
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 | £321,262 | £77,512 | +£9,768 | +£6,030 | 5.7% |
| Year 2 | £317,568 | £73,818 | +£20,016 | +£12,584 | 11.9% |
| Year 3 | £313,916 | £70,166 | +£30,743 | +£19,659 | 18.6% |
| Year 4 | £310,306 | £66,556 | +£41,970 | +£27,276 | 25.8% |
| Year 5 | £306,737 | £62,987 | +£53,699 | +£35,436 | 33.5% |
Modelled on the live asking price. Capital growth -1.15% a year is the SO17 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 (£105,850).
Price Forecast
No forecast available.