22 Cheyney Road, Chester, CH1 4BS
Estimate of £260k for this terrace property. 324 sales in CH1 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£245,000
- SDLT standard£2,400
- SDLT BTL surcharge (5%)£12,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£261,750
Funding
- Deposit (25%)£61,250
- Mortgage (75% LTV)£183,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£78,000
Monthly Returns
- Monthly Rent (estimate)£1,000
- Mortgage Payment (IO)-£804
- Management (10%)-£100
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£4
Capital Returns
- 5yr Property Value£260,829
- 5yr Capital Gain (1.26% pa, historical)+£15,829
- 5yr Cumulative Rent (net)+£50,208
- Less mortgage interest-£48,240
- 5yr Total Return+£17,797
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 | £248,087 | £64,337 | -£48 | +£3,039 | 3.9% |
| Year 2 | £251,213 | £67,463 | +£120 | +£6,333 | 8.1% |
| Year 3 | £254,378 | £70,628 | +£509 | +£9,887 | 12.7% |
| Year 4 | £257,583 | £73,833 | +£1,123 | +£13,707 | 17.6% |
| Year 5 | £260,829 | £77,079 | +£1,968 | +£17,797 | 22.8% |
Modelled on the live asking price. Capital growth 1.26% a year is the CH1 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 (£78,000).
Price Forecast
No forecast available.