165 Manchester Road, Swinton, Manchester, M27 4FB
Estimate of £323k for this semi-detached house. 449 sales in M27 in the last 12 months; median £222k.
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£383,766
- 5yr Capital Gain (3.38% pa, historical)+£58,766
- 5yr Cumulative Rent (net)+£117,659
- Less mortgage interest-£63,960
- 5yr Total Return+£112,464
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 | £335,985 | £92,235 | +£9,768 | +£20,753 | 19.6% |
| Year 2 | £347,341 | £103,591 | +£20,016 | +£42,357 | 40.0% |
| Year 3 | £359,081 | £115,331 | +£30,743 | +£64,824 | 61.2% |
| Year 4 | £371,218 | £127,468 | +£41,970 | +£88,189 | 83.3% |
| Year 5 | £383,766 | £140,016 | +£53,699 | +£112,464 | 106.2% |
Modelled on the live asking price. Capital growth 3.38% a year is the M27 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.