2 Dayton Road, Hull, HU5 5TG
Estimate of £121k for this end terrace house. 645 sales in HU5 in the last 12 months; median £126k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£115,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£5,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£122,850
Funding
- Deposit (25%)£28,750
- Mortgage (75% LTV)£86,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£36,600
Monthly Returns
- Monthly Rent (estimate)£750
- Mortgage Payment (IO)-£377
- Management (10%)-£75
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£198
Capital Returns
- 5yr Property Value£125,977
- 5yr Capital Gain (1.84% pa, historical)+£10,977
- 5yr Cumulative Rent (net)+£36,156
- Less mortgage interest-£22,620
- 5yr Total Return+£24,513
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 | £117,116 | £30,866 | +£2,376 | +£4,492 | 12.3% |
| Year 2 | £119,271 | £33,021 | +£4,920 | +£9,191 | 25.1% |
| Year 3 | £121,466 | £35,216 | +£7,624 | +£14,089 | 38.5% |
| Year 4 | £123,700 | £37,450 | +£10,490 | +£19,191 | 52.4% |
| Year 5 | £125,977 | £39,727 | +£13,536 | +£24,513 | 67.0% |
Modelled on the live asking price. Capital growth 1.84% a year is the HU5 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 (£36,600).
Price Forecast
No forecast available.