3, Brixham, TQ5 9TE
Estimate of £409k for this semi-detached house. 234 sales in TQ5 in the last 12 months; median £274k.
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)£1,600
- Mortgage Payment (IO)-£558
- Management (10%)-£160
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£782
Capital Returns
- 5yr Property Value£173,514
- 5yr Capital Gain (0.41% pa, historical)+£3,514
- 5yr Cumulative Rent (net)+£83,934
- Less mortgage interest-£33,480
- 5yr Total Return+£53,967
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 | £170,697 | £43,197 | +£9,384 | +£10,081 | 18.7% |
| Year 2 | £171,397 | £43,897 | +£19,116 | +£20,513 | 38.0% |
| Year 3 | £172,100 | £44,600 | +£29,204 | +£31,303 | 58.0% |
| Year 4 | £172,805 | £45,305 | +£39,643 | +£42,448 | 78.6% |
| Year 5 | £173,514 | £46,014 | +£50,454 | +£53,967 | 99.9% |
Modelled on the live asking price. Capital growth 0.41% a year is the TQ5 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.