21 Kirkstone Road, Buxton, SK17 9LB
Estimate of £198k for this semi-detached house. 357 sales in SK17 in the last 12 months; median £260k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£195,000
- SDLT standard£1,400
- SDLT BTL surcharge (5%)£9,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£208,250
Funding
- Deposit (25%)£48,750
- Mortgage (75% LTV)£146,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£62,000
Monthly Returns
- Monthly Rent (estimate)£750
- Mortgage Payment (IO)-£640
- Management (10%)-£75
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£65
Capital Returns
- 5yr Property Value£233,620
- 5yr Capital Gain (3.68% pa, historical)+£38,620
- 5yr Cumulative Rent (net)+£36,156
- Less mortgage interest-£38,400
- 5yr Total Return+£36,376
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 | £202,176 | £55,926 | -£780 | +£6,396 | 10.3% |
| Year 2 | £209,616 | £63,366 | -£1,392 | +£13,224 | 21.3% |
| Year 3 | £217,330 | £71,080 | -£1,844 | +£20,486 | 33.0% |
| Year 4 | £225,328 | £79,078 | -£2,134 | +£28,194 | 45.5% |
| Year 5 | £233,620 | £87,370 | -£2,244 | +£36,376 | 58.7% |
Modelled on the live asking price. Capital growth 3.68% a year is the SK17 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 (£62,000).
Price Forecast
No forecast available.