2 Firwood Grove, Hunwick, Crook, DL15 0JT
Estimate of £229k for this semi-detached bungalow. 263 sales in DL15 in the last 12 months; median £110k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£180,000
- SDLT standard£1,100
- SDLT BTL surcharge (5%)£9,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£192,200
Funding
- Deposit (25%)£45,000
- Mortgage (75% LTV)£135,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£57,200
Monthly Returns
- Monthly Rent (estimate)£1,350
- Mortgage Payment (IO)-£591
- Management (10%)-£135
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£524
Capital Returns
- 5yr Property Value£188,621
- 5yr Capital Gain (0.94% pa, historical)+£8,621
- 5yr Cumulative Rent (net)+£69,881
- Less mortgage interest-£35,460
- 5yr Total Return+£43,042
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 | £181,692 | £46,692 | +£6,288 | +£7,980 | 14.0% |
| Year 2 | £183,400 | £48,400 | +£12,864 | +£16,264 | 28.4% |
| Year 3 | £185,124 | £50,124 | +£19,746 | +£24,870 | 43.5% |
| Year 4 | £186,864 | £51,864 | +£26,930 | +£33,794 | 59.1% |
| Year 5 | £188,621 | £53,621 | +£34,421 | +£43,042 | 75.2% |
Modelled on the live asking price. Capital growth 0.94% a year is the DL15 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 (£57,200).
Price Forecast
No forecast available.