27 Bridgewater Road, Mosley Common, Worsley, Manchester, M28 1AD
Estimate of £347k for this semi-detached house. 479 sales in M28 in the last 12 months; median £265k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£392,995
- SDLT standard£9,650
- SDLT BTL surcharge (5%)£19,650
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£424,395
Funding
- Deposit (25%)£98,249
- Mortgage (75% LTV)£294,746
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£129,649
Monthly Returns
- Monthly Rent (estimate)£1,850
- Mortgage Payment (IO)-£1,290
- Management (10%)-£185
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£275
Capital Returns
- 5yr Property Value£433,898
- 5yr Capital Gain (2.00% pa, historical)+£40,903
- 5yr Cumulative Rent (net, before lease costs)+£97,986
- Less mortgage interest-£77,400
- 5yr Total Return (before lease costs)+£61,489
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 | £400,855 | £106,109 | +£3,300 | +£11,160 | 8.6% |
| Year 2 | £408,872 | £114,126 | +£6,996 | +£22,873 | 17.6% |
| Year 3 | £417,049 | £122,303 | +£11,109 | +£35,163 | 27.1% |
| Year 4 | £425,390 | £130,644 | +£15,636 | +£48,031 | 37.0% |
| Year 5 | £433,898 | £139,152 | +£20,586 | +£61,489 | 47.4% |
Modelled on the live asking price. Capital growth 2.00% a year is the M28 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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£129,649).
Price Forecast
No forecast available.