1A Queen Street, Worksop, S80 2AN
Estimate of £304k for this detached 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£285,000
- SDLT standard£4,250
- SDLT BTL surcharge (5%)£14,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£305,600
Funding
- Deposit (25%)£71,250
- Mortgage (75% LTV)£213,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£91,850
Monthly Returns
- Monthly Rent (estimate)£1,400
- Mortgage Payment (IO)-£935
- Management (10%)-£140
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£225
Capital Returns
- 5yr Property Value£316,673
- 5yr Capital Gain (2.13% pa, historical)+£31,673
- 5yr Cumulative Rent (net)+£72,668
- Less mortgage interest-£56,100
- 5yr Total Return+£48,241
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 | £291,070 | £77,320 | +£2,700 | +£8,770 | 9.5% |
| Year 2 | £297,270 | £83,520 | +£5,700 | +£17,970 | 19.6% |
| Year 3 | £303,602 | £89,852 | +£9,007 | +£27,609 | 30.1% |
| Year 4 | £310,069 | £96,319 | +£12,627 | +£37,696 | 41.0% |
| Year 5 | £316,673 | £102,923 | +£16,568 | +£48,241 | 52.5% |
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 (£91,850).
Price Forecast
No forecast available.