17 Trelawney Road, Callington, PL17 7EE
Estimate of £283k for this detached bungalow. 122 sales in PL17 in the last 12 months; median £261k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£260,000
- SDLT standard£3,000
- SDLT BTL surcharge (5%)£13,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£278,100
Funding
- Deposit (25%)£65,000
- Mortgage (75% LTV)£195,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£83,100
Monthly Returns
- Monthly Rent (estimate)£800
- Mortgage Payment (IO)-£853
- Management (10%)-£80
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£233
Capital Returns
- 5yr Property Value£261,303
- 5yr Capital Gain (0.10% pa, historical)+£1,303
- 5yr Cumulative Rent (net)+£38,955
- Less mortgage interest-£51,180
- 5yr Total Return-£10,923
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 | £260,260 | £65,260 | -£2,796 | -£2,536 | -3.1% |
| Year 2 | £260,520 | £65,520 | -£5,424 | -£4,904 | -5.9% |
| Year 3 | £260,781 | £65,781 | -£7,868 | -£7,087 | -8.5% |
| Year 4 | £261,042 | £66,042 | -£10,137 | -£9,095 | -10.9% |
| Year 5 | £261,303 | £66,303 | -£12,225 | -£10,923 | -13.1% |
Modelled on the live asking price. Capital growth 0.10% a year is the PL17 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 (£83,100).
Price Forecast
No forecast available.