20 Properties 2 to 20, Eagle Place, Retford, DN22 6QZ
Estimate of £110k for this flat/maisonette. 410 sales in DN22 in the last 12 months; median £205k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Estimated Value£110,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£5,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£117,600
Funding
- Deposit (25%)£27,500
- Mortgage (75% LTV)£82,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£35,100
Monthly Returns
- Monthly Rent (estimate)£500
- Mortgage Payment (IO)-£361
- Management (10%)-£50
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)-£11
Capital Returns
- 5yr Property Value£118,676
- 5yr Capital Gain (1.53% pa, historical)+£8,676
- 5yr Cumulative Rent (net, before lease costs)+£22,104
- Less mortgage interest-£21,660
- 5yr Total Return (before lease costs)+£9,121
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. 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 | £111,683 | £29,183 | -£132 | +£1,551 | 4.4% |
| Year 2 | £113,392 | £30,892 | -£156 | +£3,236 | 9.2% |
| Year 3 | £115,127 | £32,627 | -£70 | +£5,057 | 14.4% |
| Year 4 | £116,888 | £34,388 | +£130 | +£7,018 | 20.0% |
| Year 5 | £118,676 | £36,176 | +£444 | +£9,121 | 26.0% |
Modelled on the estimated value: the property is not on the market. Capital growth 1.53% a year is the DN22 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 (£35,100).
Price Forecast
No forecast available.