2 Park Court, Thame, OX9 3ET
Estimate of £234k for this flat/maisonette. 176 sales in OX9 in the last 12 months; median £450k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£235,000
- SDLT standard£2,200
- SDLT BTL surcharge (5%)£11,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£251,050
Funding
- Deposit (25%)£58,750
- Mortgage (75% LTV)£176,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£74,800
Monthly Returns
- Monthly Rent (estimate)£1,250
- Mortgage Payment (IO)-£771
- Management (10%)-£125
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£254
Capital Returns
- 5yr Property Value£243,099
- 5yr Capital Gain (0.68% pa, historical)+£8,099
- 5yr Cumulative Rent (net, before lease costs)+£64,249
- Less mortgage interest-£46,260
- 5yr Total Return (before lease costs)+£26,088
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 | £236,598 | £60,348 | +£3,048 | +£4,646 | 6.2% |
| Year 2 | £238,207 | £61,957 | +£6,360 | +£9,567 | 12.8% |
| Year 3 | £239,827 | £63,577 | +£9,954 | +£14,781 | 19.8% |
| Year 4 | £241,457 | £65,207 | +£13,824 | +£20,282 | 27.1% |
| Year 5 | £243,099 | £66,849 | +£17,989 | +£26,088 | 34.9% |
Modelled on the live asking price. Capital growth 0.68% a year is the OX9 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 (£74,800).
Price Forecast
No forecast available.