24 Hankinson Street, Liverpool, L13 1DF
Estimate of £141k for this mid terrace house. 302 sales in L13 in the last 12 months; median £140k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£140,000
- SDLT standard£300
- SDLT BTL surcharge (5%)£7,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£149,400
Funding
- Deposit (25%)£35,000
- Mortgage (75% LTV)£105,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£44,400
Monthly Returns
- Monthly Rent (estimate)£1,100
- Mortgage Payment (IO)-£459
- Management (10%)-£110
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£431
Capital Returns
- 5yr Property Value£178,169
- 5yr Capital Gain (4.94% pa, historical)+£38,169
- 5yr Cumulative Rent (net)+£55,829
- Less mortgage interest-£27,540
- 5yr Total Return+£66,459
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 | £146,916 | £41,916 | +£5,172 | +£12,088 | 27.2% |
| Year 2 | £154,174 | £49,174 | +£10,584 | +£24,758 | 55.8% |
| Year 3 | £161,790 | £56,790 | +£16,241 | +£38,031 | 85.7% |
| Year 4 | £169,782 | £64,782 | +£22,137 | +£51,919 | 116.9% |
| Year 5 | £178,169 | £73,169 | +£28,289 | +£66,459 | 149.7% |
Modelled on the live asking price. Capital growth 4.94% a year is the L13 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 (£44,400).
Price Forecast
No forecast available.