2 Underwood Cottage, Underwood Drive, Rawdon, Leeds, LS19 6LA
Estimate of £659k for this detached property. 238 sales in LS19 in the last 12 months; median £245k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Estimated Value£659,000
- SDLT standard£22,950
- SDLT BTL surcharge (5%)£32,950
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£717,000
Funding
- Deposit (25%)£164,750
- Mortgage (75% LTV)£494,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£222,750
Monthly Returns
- Monthly Rent (estimate)£2,450
- Mortgage Payment (IO)-£2,162
- Management (10%)-£245
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£57
Capital Returns
- 5yr Property Value£659,000
- 5yr Capital Gain (0.00% pa, historical)+£0
- 5yr Cumulative Rent (net)+£131,699
- Less mortgage interest-£129,720
- 5yr Total Return+£1,979
Modelled on the estimated value: the property is not on the market. 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 | £659,000 | £164,750 | -£684 | -£684 | -0.3% |
| Year 2 | £659,000 | £164,750 | -£840 | -£840 | -0.4% |
| Year 3 | £659,000 | £164,750 | -£456 | -£456 | -0.2% |
| Year 4 | £659,000 | £164,750 | +£479 | +£479 | 0.2% |
| Year 5 | £659,000 | £164,750 | +£1,979 | +£1,979 | 0.9% |
Modelled on the estimated value: the property is not on the market. Capital growth 0.00% a year is the LS19 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 (£222,750).
Price Forecast
No forecast available.