18 Hillside Park, Totnes Road, Paignton, TQ4 7QB
Estimate of £81k for this detached property. 295 sales in TQ4 in the last 12 months; median £260k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£75,950
- SDLT standard£0
- SDLT BTL surcharge (5%)£3,798
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£81,848
Funding
- Deposit (25%)£18,988
- Mortgage (75% LTV)£56,962
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£24,886
Monthly Returns
- Monthly Rent (estimate)£350
- Mortgage Payment (IO)-£249
- Management (10%)-£35
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£34
Capital Returns
- 5yr Property Value£81,257
- 5yr Capital Gain (1.36% pa, historical)+£5,307
- 5yr Cumulative Rent (net)+£13,673
- Less mortgage interest-£14,940
- 5yr Total Return+£4,040
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 | £76,983 | £20,020 | -£408 | +£625 | 2.5% |
| Year 2 | £78,030 | £21,067 | -£744 | +£1,336 | 5.4% |
| Year 3 | £79,091 | £22,129 | -£994 | +£2,147 | 8.6% |
| Year 4 | £80,167 | £23,204 | -£1,169 | +£3,047 | 12.2% |
| Year 5 | £81,257 | £24,295 | -£1,267 | +£4,040 | 16.2% |
Modelled on the live asking price. Capital growth 1.36% a year is the TQ4 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 (£24,886).
Price Forecast
No forecast available.