2 Serpentine Road, Faversham, ME13 7XB

UPRN:10094601862Semi-Detached House3 bedsBuilt 2021

FreeholdCouncil Tax: Band DEPC: B (84)

Data freshness:Listing· freshPlanning· 4mo agoEPC· 5mo agoRisk· 2y agoCrime· freshAmenities· 1mo agoArea· Census 2021Council Tax· 4mo ago

Valuation estimateUpdated yesterday

£404,000

Estimated value

Range: £384k - £424k|Last sold: £400k (2022-12-02)

Estimate of £404k for this semi-detached house. 337 sales in ME13 in the last 12 months; median £345k.

Estimate confidence

High confidence

Value History

Monthly AVM sale-value estimate

Current estimate

£404k

£384k - £424k - High confidence

Annualised (CAGR)

-0.49%

Over the full window

Peak estimate

£421k

Jun 2023

From peak

-4.04%

Drawdown from peak

AVM estimate (model)Repeat-sales index - ME13 district (quarterly)index YoY +5.72%

Growth by window

+2.28%

+3.06%

12m

-0.49%

24m

-2.18%

60m

Rental Market

Monthly

Estimated rent (pcm)

£1,600

/ month

Gross yield

5.91%

Rent ÷ asking price

Net yield

4.09%

Assumes ~31% running costs (not this property's)

Vacancy trend

12-month change

Market Metrics

6 live signals

Median Area Price

£345k

ME13 sales, last 12 months

12m Price Growth

ME13 median, Land Registry

Days on Market

108d

ME13 average

Sales & Yield

3 metrics

Transactions / 12m

337

ME13 sales

Area Gross Yield

4.03%

ME13 medians

Last Sold

£400k

2022-12-02

Investment Analysis

Buy-to-let cashflow + capital returns

25% deposit · IO

Purchase

Asking Price£325,000
SDLT standard£6,250
SDLT BTL surcharge (5%)£16,250
Legal, survey + broker (assumed)£2,100
RefurbishmentNot costed
Total Cost (excl. refurb)£349,600

Funding

Deposit (25%)£81,250
Mortgage (75% LTV)£243,750
Interest Rate (assumed)5.25%
Mortgage TypeInterest Only
Cash Required£105,850

Monthly Returns

Monthly Rent (estimate)£1,600
Mortgage Payment (IO)-£1,066
Management (10%)-£160
Insurance (assumed)-£40
Maintenance (assumed)-£60
Monthly Cashflow+£274

Capital Returns

5yr Property Value£320,315
5yr Capital Gain (-0.29% pa, historical)-£4,685
5yr Cumulative Rent (net)+£83,934
Less mortgage interest-£63,960
5yr Total Return+£15,288

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

BTL · Interest Only

Year	Property Value	Equity	Cashflow (cumulative)	Total Return	ROI
Year 1	£324,058	£80,308	+£3,288	+£2,346	2.2%
Year 2	£323,118	£79,368	+£6,924	+£5,042	4.8%
Year 3	£322,181	£78,431	+£10,916	+£8,096	7.6%
Year 4	£321,246	£77,496	+£15,259	+£11,505	10.9%
Year 5	£320,315	£76,565	+£19,974	+£15,288	14.4%

Modelled on the live asking price. Capital growth -0.29% a year is the ME13 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 (£105,850).

Price Forecast

No forecast available.

Demand & Supply

Median earnings (local authority)

Signal

1,228

Population

Signal

0.9%

Households Deprived

Upside Opportunities

0 levers