28 Kendal Close, Worksop, S81 7PU
Estimate of £149k for this semi-detached house. 416 sales in S81 in the last 12 months; median £222k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£150,000
- SDLT standard£500
- SDLT BTL surcharge (5%)£7,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£160,100
Funding
- Deposit (25%)£37,500
- Mortgage (75% LTV)£112,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£47,600
Monthly Returns
- Monthly Rent (estimate)£800
- Mortgage Payment (IO)-£492
- Management (10%)-£80
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£128
Capital Returns
- 5yr Property Value£166,263
- 5yr Capital Gain (2.08% pa, historical)+£16,263
- 5yr Cumulative Rent (net)+£38,955
- Less mortgage interest-£29,520
- 5yr Total Return+£25,697
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 | £153,120 | £40,620 | +£1,536 | +£4,656 | 9.8% |
| Year 2 | £156,305 | £43,805 | +£3,240 | +£9,545 | 20.1% |
| Year 3 | £159,556 | £47,056 | +£5,128 | +£14,684 | 30.8% |
| Year 4 | £162,875 | £50,375 | +£7,191 | +£20,066 | 42.2% |
| Year 5 | £166,263 | £53,763 | +£9,435 | +£25,697 | 54.0% |
Modelled on the live asking price. Capital growth 2.08% a year is the S81 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 (£47,600).
Price Forecast
No forecast available.