162 Chorley Old Road, Whittle-le-Woods, Chorley, PR6 7NA
Estimate of £193k for this mid terrace house. 388 sales in PR6 in the last 12 months; median £227k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Estimated Value£193,000
- SDLT standard£1,360
- SDLT BTL surcharge (5%)£9,650
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£206,110
Funding
- Deposit (25%)£48,250
- Mortgage (75% LTV)£144,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£61,360
Monthly Returns
- Monthly Rent (estimate)£1,000
- Mortgage Payment (IO)-£633
- Management (10%)-£100
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£167
Capital Returns
- 5yr Property Value£239,938
- 5yr Capital Gain (4.45% pa, historical)+£46,938
- 5yr Cumulative Rent (net)+£50,208
- Less mortgage interest-£37,980
- 5yr Total Return+£59,167
Modelled on the estimated value: the property is not on the market. 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 | £201,588 | £56,838 | +£2,004 | +£10,592 | 17.3% |
| Year 2 | £210,559 | £65,809 | +£4,224 | +£21,783 | 35.5% |
| Year 3 | £219,929 | £75,179 | +£6,665 | +£33,594 | 54.7% |
| Year 4 | £229,716 | £84,966 | +£9,331 | +£46,047 | 75.0% |
| Year 5 | £239,938 | £95,188 | +£12,228 | +£59,167 | 96.4% |
Modelled on the estimated value: the property is not on the market. Capital growth 4.45% a year is the PR6 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 (£61,360).
Price Forecast
No forecast available.