23 The Glade, Caerwnon Park, Builth Wells, LD2 3YE
Estimate of £59k for this detached property. - sales in LD2 in the last 12 months; median -.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£40,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£2,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£44,100
Funding
- Deposit (25%)£10,000
- Mortgage (75% LTV)£30,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£14,100
Monthly Returns
- Monthly Rent (estimate)£150
- Mortgage Payment (IO)-£131
- Management (10%)-£15
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)-£96
Capital Returns
- 5yr Property Value£40,000
- 5yr Capital Gain (no growth data)+£0
- 5yr Cumulative Rent (net, before lease costs)+£2,431
- Less mortgage interest-£7,860
- 5yr Total Return (before lease costs)-£5,429
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 | £40,000 | £10,000 | -£1,152 | -£1,152 | -8.2% |
| Year 2 | £40,000 | £10,000 | -£2,268 | -£2,268 | -16.1% |
| Year 3 | £40,000 | £10,000 | -£3,359 | -£3,359 | -23.8% |
| Year 4 | £40,000 | £10,000 | -£4,413 | -£4,413 | -31.3% |
| Year 5 | £40,000 | £10,000 | -£5,429 | -£5,429 | -38.5% |
Modelled on the live asking price. No growth data for the area: the value is held flat (0% a year). 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 (£14,100).
Price Forecast
No forecast available.