27 Rydon Park, Rydon Lane, Exeter, EX2 7HW
Estimate of £173k for this detached property. 448 sales in EX2 in the last 12 months; median £300k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£170,000
- SDLT standard£900
- SDLT BTL surcharge (5%)£8,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£181,500
Funding
- Deposit (25%)£42,500
- Mortgage (75% LTV)£127,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£54,000
Monthly Returns
- Monthly Rent (estimate)£800
- Mortgage Payment (IO)-£558
- Management (10%)-£80
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£62
Capital Returns
- 5yr Property Value£177,085
- 5yr Capital Gain (0.82% pa, historical)+£7,085
- 5yr Cumulative Rent (net)+£38,955
- Less mortgage interest-£33,480
- 5yr Total Return+£12,560
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 | £171,394 | £43,894 | +£744 | +£2,138 | 4.0% |
| Year 2 | £172,799 | £45,299 | +£1,656 | +£4,455 | 8.3% |
| Year 3 | £174,216 | £46,716 | +£2,752 | +£6,968 | 12.9% |
| Year 4 | £175,645 | £48,145 | +£4,023 | +£9,668 | 17.9% |
| Year 5 | £177,085 | £49,585 | +£5,475 | +£12,560 | 23.3% |
Modelled on the live asking price. Capital growth 0.82% a year is the EX2 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 (£54,000).
Price Forecast
No forecast available.