17 Cedar Avenue, Kimblesworth, Chester le Street, DH2 3QF
Estimate of £111k for this semi-detached house. 347 sales in DH2 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£110,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£5,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£117,600
Funding
- Deposit (25%)£27,500
- Mortgage (75% LTV)£82,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£35,100
Monthly Returns
- Monthly Rent (estimate)£600
- Mortgage Payment (IO)-£361
- Management (10%)-£60
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£79
Capital Returns
- 5yr Property Value£116,645
- 5yr Capital Gain (1.18% pa, historical)+£6,645
- 5yr Cumulative Rent (net)+£27,725
- Less mortgage interest-£21,660
- 5yr Total Return+£12,710
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 | £111,298 | £28,798 | +£948 | +£2,246 | 6.4% |
| Year 2 | £112,611 | £30,111 | +£2,028 | +£4,639 | 13.2% |
| Year 3 | £113,940 | £31,440 | +£3,243 | +£7,183 | 20.5% |
| Year 4 | £115,285 | £32,785 | +£4,584 | +£9,868 | 28.1% |
| Year 5 | £116,645 | £34,145 | +£6,065 | +£12,710 | 36.2% |
Modelled on the live asking price. Capital growth 1.18% a year is the DH2 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 (£35,100).
Price Forecast
No forecast available.