17 Lovell Park Heights, Lovell Park Hill, Leeds, LS7 1DP
Estimate of £69k for this flat/maisonette. 211 sales in LS7 in the last 12 months; median £271k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£40,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£2,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£44,100
Funding
- Deposit (25%)£10,000
- Mortgage (75% LTV)£30,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£14,100
Monthly Returns
- Monthly Rent (estimate)£350
- Mortgage Payment (IO)-£131
- Management (10%)-£35
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£84
Capital Returns
- 5yr Property Value£55,919
- 5yr Capital Gain (6.93% pa, historical)+£15,919
- 5yr Cumulative Rent (net, before lease costs)+£13,673
- Less mortgage interest-£7,860
- 5yr Total Return (before lease costs)+£21,732
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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £42,772 | £12,772 | +£1,008 | +£3,780 | 26.8% |
| Year 2 | £45,736 | £15,736 | +£2,088 | +£7,824 | 55.5% |
| Year 3 | £48,906 | £18,906 | +£3,254 | +£12,159 | 86.2% |
| Year 4 | £52,295 | £22,295 | +£4,495 | +£16,790 | 119.1% |
| Year 5 | £55,919 | £25,919 | +£5,813 | +£21,732 | 154.1% |
Modelled on the live asking price. Capital growth 6.93% a year is the LS7 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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£14,100).
Price Forecast
No forecast available.