166 Chorley Old Road, Whittle-le-Woods, Chorley, PR6 7NA
Estimate of £187k 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£187,000
- SDLT standard£1,240
- SDLT BTL surcharge (5%)£9,350
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£199,690
Funding
- Deposit (25%)£46,750
- Mortgage (75% LTV)£140,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£59,440
Monthly Returns
- Monthly Rent (estimate)£1,000
- Mortgage Payment (IO)-£614
- Management (10%)-£100
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£186
Capital Returns
- 5yr Property Value£232,479
- 5yr Capital Gain (4.45% pa, historical)+£45,479
- 5yr Cumulative Rent (net)+£50,208
- Less mortgage interest-£36,840
- 5yr Total Return+£58,848
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 | £195,322 | £55,072 | +£2,232 | +£10,554 | 17.8% |
| Year 2 | £204,013 | £63,763 | +£4,680 | +£21,693 | 36.5% |
| Year 3 | £213,092 | £72,842 | +£7,349 | +£33,441 | 56.3% |
| Year 4 | £222,574 | £82,324 | +£10,243 | +£45,818 | 77.1% |
| Year 5 | £232,479 | £92,229 | +£13,368 | +£58,848 | 99.0% |
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 (£59,440).
Price Forecast
No forecast available.