Recent sale
22 RIDINGFOLD LANE
£350k
Sale price
£/sqft
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Rent pcm
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Yield
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Estimate of £393k for detached houses in Manchester. 482 transactions in the last 12 months; median £265k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £400,860 | £106,110 | +£3,324 | +£11,184 | 6.6% |
| Year 2 | £408,877 | £114,127 | +£6,648 | +£22,525 | 13.2% |
| Year 3 | £417,055 | £122,305 | +£9,972 | +£34,027 | 20.0% |
| Year 4 | £425,396 | £130,646 | +£13,296 | +£45,692 | 26.9% |
| Year 5 | £433,904 | £139,154 | +£16,620 | +£57,524 | 33.8% |
Assumes 2.00% pa capital growth (API forecast), 3.0% rental growth, 5.25% IO mortgage held for 5 years, light refurb completed year 0. ROI is on total cash invested (£170,060).
No forecast available.