22 Clarkegrove Road, Sheffield, S10 2NH
Estimate of £495k for this semi-detached house. 442 sales in S10 in the last 12 months; median £302k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£495,000
- SDLT standard£14,750
- SDLT BTL surcharge (5%)£24,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£536,600
Funding
- Deposit (25%)£123,750
- Mortgage (75% LTV)£371,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£165,350
Monthly Returns
- Monthly Rent (estimate)£2,250
- Mortgage Payment (IO)-£1,624
- Management (10%)-£225
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£301
Capital Returns
- 5yr Property Value£543,846
- 5yr Capital Gain (1.90% pa, historical)+£48,846
- 5yr Cumulative Rent (net, before lease costs)+£120,445
- Less mortgage interest-£97,440
- 5yr Total Return (before lease costs)+£71,851
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. 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 | £504,405 | £133,155 | +£3,612 | +£13,017 | 7.9% |
| Year 2 | £513,989 | £142,739 | +£7,704 | +£26,693 | 16.1% |
| Year 3 | £523,754 | £152,504 | +£12,299 | +£41,053 | 24.8% |
| Year 4 | £533,706 | £162,456 | +£17,395 | +£56,101 | 33.9% |
| Year 5 | £543,846 | £172,596 | +£23,005 | +£71,851 | 43.5% |
Modelled on the live asking price. Capital growth 1.90% a year is the S10 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 (£165,350).
Price Forecast
No forecast available.