19 Birch Drive, Willington, Crook, DL15 0BL
Estimate of £116k for this end terrace house. 263 sales in DL15 in the last 12 months; median £110k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£117,500
- SDLT standard£0
- SDLT BTL surcharge (5%)£5,875
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£125,475
Funding
- Deposit (25%)£29,375
- Mortgage (75% LTV)£88,125
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£37,350
Monthly Returns
- Monthly Rent (estimate)£750
- Mortgage Payment (IO)-£386
- Management (10%)-£75
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£189
Capital Returns
- 5yr Property Value£123,127
- 5yr Capital Gain (0.94% pa, historical)+£5,627
- 5yr Cumulative Rent (net)+£36,156
- Less mortgage interest-£23,160
- 5yr Total Return+£18,624
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 | £118,605 | £30,480 | +£2,268 | +£3,373 | 9.0% |
| Year 2 | £119,719 | £31,594 | +£4,704 | +£6,923 | 18.5% |
| Year 3 | £120,845 | £32,720 | +£7,300 | +£10,644 | 28.5% |
| Year 4 | £121,981 | £33,856 | +£10,058 | +£14,539 | 38.9% |
| Year 5 | £123,127 | £35,002 | +£12,996 | +£18,624 | 49.9% |
Modelled on the live asking price. Capital growth 0.94% a year is the DL15 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 (£37,350).
Price Forecast
No forecast available.