25 North Avenue, Drybrook, GL17 9HU
Estimate of £210k for this end terrace house. 119 sales in GL17 in the last 12 months; median £270k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£212,000
- SDLT standard£1,740
- SDLT BTL surcharge (5%)£10,600
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£226,440
Funding
- Deposit (25%)£53,000
- Mortgage (75% LTV)£159,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£67,440
Monthly Returns
- Monthly Rent (estimate)£900
- Mortgage Payment (IO)-£696
- Management (10%)-£90
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£14
Capital Returns
- 5yr Property Value£220,179
- 5yr Capital Gain (0.76% pa, historical)+£8,179
- 5yr Cumulative Rent (net)+£44,576
- Less mortgage interest-£41,760
- 5yr Total Return+£10,995
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 | £213,611 | £54,611 | +£168 | +£1,779 | 2.6% |
| Year 2 | £215,235 | £56,235 | +£528 | +£3,763 | 5.6% |
| Year 3 | £216,870 | £57,870 | +£1,084 | +£5,955 | 8.8% |
| Year 4 | £218,519 | £59,519 | +£1,841 | +£8,360 | 12.4% |
| Year 5 | £220,179 | £61,179 | +£2,816 | +£10,995 | 16.3% |
Modelled on the live asking price. Capital growth 0.76% a year is the GL17 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 (£67,440).
Price Forecast
No forecast available.