2 Chronicle House, Commonhall Street, Chester, CH1 2AB
Estimate of £48k for this flat/maisonette. 324 sales in CH1 in the last 12 months; median £215k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£89,950
- SDLT standard£0
- SDLT BTL surcharge (5%)£4,498
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£96,548
Funding
- Deposit (25%)£22,488
- Mortgage (75% LTV)£67,462
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£29,086
Monthly Returns
- Monthly Rent (estimate)£250
- Mortgage Payment (IO)-£295
- Management (10%)-£25
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)-£170
Capital Returns
- 5yr Property Value£95,761
- 5yr Capital Gain (1.26% pa, historical)+£5,811
- 5yr Cumulative Rent (net, before lease costs)+£8,040
- Less mortgage interest-£17,700
- 5yr Total Return (before lease costs)-£3,848
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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £91,083 | £23,621 | -£2,040 | -£907 | -3.1% |
| Year 2 | £92,231 | £24,769 | -£4,032 | -£1,751 | -6.0% |
| Year 3 | £93,393 | £25,931 | -£5,963 | -£2,520 | -8.7% |
| Year 4 | £94,570 | £27,107 | -£7,843 | -£3,223 | -11.1% |
| Year 5 | £95,761 | £28,299 | -£9,660 | -£3,848 | -13.2% |
Modelled on the live asking price. Capital growth 1.26% a year is the CH1 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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£29,086).
Price Forecast
No forecast available.