22 Cross Hills Drive, Kippax, Leeds, LS25 7JS
Estimate of £177k for this terrace property. 502 sales in LS25 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£180,000
- SDLT standard£1,100
- SDLT BTL surcharge (5%)£9,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£192,200
Funding
- Deposit (25%)£45,000
- Mortgage (75% LTV)£135,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£57,200
Monthly Returns
- Monthly Rent (estimate)£800
- Mortgage Payment (IO)-£591
- Management (10%)-£80
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£29
Capital Returns
- 5yr Property Value£199,222
- 5yr Capital Gain (2.05% pa, historical)+£19,222
- 5yr Cumulative Rent (net)+£38,955
- Less mortgage interest-£35,460
- 5yr Total Return+£22,717
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 | £183,690 | £48,690 | +£348 | +£4,038 | 7.1% |
| Year 2 | £187,456 | £52,456 | +£864 | +£8,320 | 14.5% |
| Year 3 | £191,298 | £56,298 | +£1,564 | +£12,862 | 22.5% |
| Year 4 | £195,220 | £60,220 | +£2,439 | +£17,660 | 30.9% |
| Year 5 | £199,222 | £64,222 | +£3,495 | +£22,717 | 39.7% |
Modelled on the live asking price. Capital growth 2.05% a year is the LS25 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 (£57,200).
Price Forecast
No forecast available.