2 Fenton Road, Hartlepool, TS25 2LL
Estimate of £161k for this detached bungalow. 443 sales in TS25 in the last 12 months; median £125k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£150,000
- SDLT standard£500
- SDLT BTL surcharge (5%)£7,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£160,100
Funding
- Deposit (25%)£37,500
- Mortgage (75% LTV)£112,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£47,600
Monthly Returns
- Monthly Rent (estimate)£750
- Mortgage Payment (IO)-£492
- Management (10%)-£75
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£83
Capital Returns
- 5yr Property Value£187,465
- 5yr Capital Gain (4.56% pa, historical)+£37,465
- 5yr Cumulative Rent (net)+£36,156
- Less mortgage interest-£29,520
- 5yr Total Return+£44,101
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 | £156,840 | £44,340 | +£996 | +£7,836 | 16.5% |
| Year 2 | £163,992 | £51,492 | +£2,160 | +£16,152 | 33.9% |
| Year 3 | £171,470 | £58,970 | +£3,484 | +£24,954 | 52.4% |
| Year 4 | £179,289 | £66,789 | +£4,970 | +£34,259 | 72.0% |
| Year 5 | £187,465 | £74,965 | +£6,636 | +£44,101 | 92.6% |
Modelled on the live asking price. Capital growth 4.56% a year is the TS25 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 (£47,600).
Price Forecast
No forecast available.