2 Firwood Terrace, Ferryhill, DL17 0DG
Estimate of £55k for this terrace property. 251 sales in DL17 in the last 12 months; median £84k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£54,950
- SDLT standard£0
- SDLT BTL surcharge (5%)£2,748
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£59,798
Funding
- Deposit (25%)£13,738
- Mortgage (75% LTV)£41,212
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£18,586
Monthly Returns
- Monthly Rent (estimate)£450
- Mortgage Payment (IO)-£180
- Management (10%)-£45
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£125
Capital Returns
- 5yr Property Value£79,587
- 5yr Capital Gain (7.69% pa, historical)+£24,637
- 5yr Cumulative Rent (net)+£19,282
- Less mortgage interest-£10,800
- 5yr Total Return+£33,119
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 | £59,176 | £17,963 | +£1,500 | +£5,726 | 30.8% |
| Year 2 | £63,726 | £22,514 | +£3,096 | +£11,872 | 63.9% |
| Year 3 | £68,627 | £27,414 | +£4,790 | +£18,467 | 99.4% |
| Year 4 | £73,904 | £32,692 | +£6,585 | +£25,539 | 137.4% |
| Year 5 | £79,587 | £38,375 | +£8,482 | +£33,119 | 178.2% |
Modelled on the live asking price. Capital growth 7.69% a year is the DL17 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 (£18,586).
Price Forecast
No forecast available.