22 Bramber Avenue, Hove, BN3 8GW
Estimate of £456k for this semi-detached house. 926 sales in BN3 in the last 12 months; median £430k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£450,000
- SDLT standard£12,500
- SDLT BTL surcharge (5%)£22,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£487,100
Funding
- Deposit (25%)£112,500
- Mortgage (75% LTV)£337,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£149,600
Monthly Returns
- Monthly Rent (estimate)£1,700
- Mortgage Payment (IO)-£1,477
- Management (10%)-£170
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£47
Capital Returns
- 5yr Property Value£483,823
- 5yr Capital Gain (1.46% pa, historical)+£33,823
- 5yr Cumulative Rent (net)+£89,554
- Less mortgage interest-£88,620
- 5yr Total Return+£34,758
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 | £456,570 | £119,070 | -£564 | +£6,006 | 4.0% |
| Year 2 | £463,236 | £125,736 | -£756 | +£12,480 | 8.3% |
| Year 3 | £469,999 | £132,499 | -£580 | +£19,419 | 13.0% |
| Year 4 | £476,861 | £139,361 | -£15 | +£26,846 | 17.9% |
| Year 5 | £483,823 | £146,323 | +£934 | +£34,758 | 23.2% |
Modelled on the live asking price. Capital growth 1.46% a year is the BN3 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 (£149,600).
Price Forecast
No forecast available.