Recent sale
35 SCHOOLGATE DRIVE
£685k
Sale price
£/sqft
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Rent pcm
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Yield
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Estimate of £609k for detached houses in Morden. 216 transactions in the last 12 months; median £475k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £615,638 | £158,888 | -£3,276 | +£3,362 | 1.3% |
| Year 2 | £622,349 | £165,599 | -£6,552 | +£6,797 | 2.6% |
| Year 3 | £629,132 | £172,382 | -£9,828 | +£10,304 | 4.0% |
| Year 4 | £635,990 | £179,240 | -£13,104 | +£13,886 | 5.3% |
| Year 5 | £642,922 | £186,172 | -£16,380 | +£17,542 | 6.7% |
Assumes 1.09% pa capital growth (API forecast), 3.0% rental growth, 5.25% IO mortgage held for 5 years, light refurb completed year 0. ROI is on total cash invested (£260,780).
No forecast available.