21 Elm Road, Brixham, TQ5 0DH
Estimate of £263k for this end terrace house. 234 sales in TQ5 in the last 12 months; median £274k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£260,000
- SDLT standard£3,000
- SDLT BTL surcharge (5%)£13,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£278,100
Funding
- Deposit (25%)£65,000
- Mortgage (75% LTV)£195,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£83,100
Monthly Returns
- Monthly Rent (estimate)£1,050
- Mortgage Payment (IO)-£853
- Management (10%)-£105
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£8
Capital Returns
- 5yr Property Value£265,374
- 5yr Capital Gain (0.41% pa, historical)+£5,374
- 5yr Cumulative Rent (net)+£53,019
- Less mortgage interest-£51,180
- 5yr Total Return+£7,213
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 | £261,066 | £66,066 | -£96 | +£970 | 1.2% |
| Year 2 | £262,136 | £67,136 | +£36 | +£2,172 | 2.6% |
| Year 3 | £263,211 | £68,211 | +£401 | +£3,612 | 4.3% |
| Year 4 | £264,290 | £69,290 | +£1,004 | +£5,295 | 6.4% |
| Year 5 | £265,374 | £70,374 | +£1,839 | +£7,213 | 8.7% |
Modelled on the live asking price. Capital growth 0.41% a year is the TQ5 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 (£83,100).
Price Forecast
No forecast available.