18 Hazelmere Road, Creswell, Worksop, S80 4HS
Estimate of £141k for this end terrace house. 343 sales in S80 in the last 12 months; median £150k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£160,000
- SDLT standard£700
- SDLT BTL surcharge (5%)£8,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£170,800
Funding
- Deposit (25%)£40,000
- Mortgage (75% LTV)£120,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£50,800
Monthly Returns
- Monthly Rent (estimate)£1,100
- Mortgage Payment (IO)-£525
- Management (10%)-£110
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£365
Capital Returns
- 5yr Property Value£177,782
- 5yr Capital Gain (2.13% pa, historical)+£17,782
- 5yr Cumulative Rent (net)+£55,829
- Less mortgage interest-£31,500
- 5yr Total Return+£42,111
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 | £163,408 | £43,408 | +£4,380 | +£7,788 | 15.3% |
| Year 2 | £166,889 | £46,889 | +£9,000 | +£15,889 | 31.3% |
| Year 3 | £170,443 | £50,443 | +£13,865 | +£24,309 | 47.9% |
| Year 4 | £174,074 | £54,074 | +£18,969 | +£33,043 | 65.0% |
| Year 5 | £177,782 | £57,782 | +£24,329 | +£42,111 | 82.9% |
Modelled on the live asking price. Capital growth 2.13% a year is the S80 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 (£50,800).
Price Forecast
No forecast available.