20 Horsfall Street, Morley, Leeds, LS27 9QY
Estimate of £140k for this mid terrace house. 501 sales in LS27 in the last 12 months; median £215k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£140,000
- SDLT standard£300
- SDLT BTL surcharge (5%)£7,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£149,400
Funding
- Deposit (25%)£35,000
- Mortgage (75% LTV)£105,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£44,400
Monthly Returns
- Monthly Rent (estimate)£800
- Mortgage Payment (IO)-£459
- Management (10%)-£80
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£161
Capital Returns
- 5yr Property Value£158,397
- 5yr Capital Gain (2.50% pa, historical)+£18,397
- 5yr Cumulative Rent (net)+£38,955
- Less mortgage interest-£27,540
- 5yr Total Return+£29,812
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 | £143,500 | £38,500 | +£1,932 | +£5,432 | 12.2% |
| Year 2 | £147,088 | £42,088 | +£4,032 | +£11,120 | 25.0% |
| Year 3 | £150,765 | £45,765 | +£6,316 | +£17,081 | 38.5% |
| Year 4 | £154,534 | £49,534 | +£8,775 | +£23,309 | 52.5% |
| Year 5 | £158,397 | £53,397 | +£11,415 | +£29,812 | 67.1% |
Modelled on the live asking price. Capital growth 2.50% a year is the LS27 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 (£44,400).
Price Forecast
No forecast available.