19 St Andrews Road, Paignton, TQ4 6HA
Estimate of £453k for this detached house. 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£450,000
- SDLT standard£12,500
- SDLT BTL surcharge (5%)£22,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£487,100
Funding
- Deposit (25%)£112,500
- Mortgage (75% LTV)£337,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£149,600
Monthly Returns
- Monthly Rent (estimate)£1,900
- Mortgage Payment (IO)-£1,477
- Management (10%)-£190
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£133
Capital Returns
- 5yr Property Value£481,444
- 5yr Capital Gain (1.36% pa, historical)+£31,444
- 5yr Cumulative Rent (net)+£100,772
- Less mortgage interest-£88,620
- 5yr Total Return+£43,596
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 | £456,120 | £118,620 | +£1,596 | +£7,716 | 5.2% |
| Year 2 | £462,323 | £124,823 | +£3,600 | +£15,923 | 10.6% |
| Year 3 | £468,611 | £131,111 | +£6,021 | +£24,632 | 16.5% |
| Year 4 | £474,984 | £137,484 | +£8,869 | +£33,853 | 22.6% |
| Year 5 | £481,444 | £143,944 | +£12,152 | +£43,596 | 29.1% |
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 (£149,600).
Price Forecast
No forecast available.