26 Westbourne Grove, Withington, Manchester, M20 1JA
Estimate of £604k for this terrace property. 529 sales in M20 in the last 12 months; median £352k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£599,950
- SDLT standard£19,998
- SDLT BTL surcharge (5%)£29,998
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£652,046
Funding
- Deposit (25%)£149,988
- Mortgage (75% LTV)£449,962
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£202,084
Monthly Returns
- Monthly Rent (estimate)£3,300
- Mortgage Payment (IO)-£1,969
- Management (10%)-£330
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£901
Capital Returns
- 5yr Property Value£695,844
- 5yr Capital Gain (3.01% pa, historical)+£95,894
- 5yr Cumulative Rent (net)+£179,476
- Less mortgage interest-£118,140
- 5yr Total Return+£157,230
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 | £618,008 | £168,046 | +£10,812 | +£28,870 | 14.3% |
| Year 2 | £636,611 | £186,648 | +£22,332 | +£58,993 | 29.2% |
| Year 3 | £655,773 | £205,810 | +£34,588 | +£90,410 | 44.7% |
| Year 4 | £675,511 | £225,549 | +£47,584 | +£123,145 | 60.9% |
| Year 5 | £695,844 | £245,882 | +£61,336 | +£157,230 | 77.8% |
Modelled on the live asking price. Capital growth 3.01% a year is the M20 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 (£202,084).
Price Forecast
No forecast available.