23 Downland Park, The Street, Bramber, Steyning, BN44 3WF
Estimate of £217k for this detached property. 115 sales in BN44 in the last 12 months; median £418k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£8,900
- SDLT standard£0
- SDLT BTL surcharge (5%)£0
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£11,000
Funding
- Deposit (25%)£2,225
- Mortgage (75% LTV)£6,675
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£4,325
Monthly Returns
- Monthly Rent (estimate)£750
- Mortgage Payment (IO)-£29
- Management (10%)-£75
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£546
Capital Returns
- 5yr Property Value£8,741
- 5yr Capital Gain (-0.36% pa, historical)-£159
- 5yr Cumulative Rent (net)+£36,156
- Less mortgage interest-£1,740
- 5yr Total Return+£34,257
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 | £8,868 | £2,193 | +£6,552 | +£6,520 | 150.8% |
| Year 2 | £8,836 | £2,161 | +£13,272 | +£13,208 | 305.4% |
| Year 3 | £8,804 | £2,129 | +£20,152 | +£20,056 | 463.7% |
| Year 4 | £8,773 | £2,098 | +£27,194 | +£27,067 | 625.8% |
| Year 5 | £8,741 | £2,066 | +£34,416 | +£34,257 | 792.1% |
Modelled on the live asking price. Capital growth -0.36% a year is the BN44 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 (£4,325).
Price Forecast
No forecast available.