3 Holly Close, Rhyl, LL18 4GF
Estimate of £230k for this detached house. 469 sales in LL18 in the last 12 months; median £182k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£220,000
- SDLT standard£1,900
- SDLT BTL surcharge (5%)£11,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£235,000
Funding
- Deposit (25%)£55,000
- Mortgage (75% LTV)£165,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£70,000
Monthly Returns
- Monthly Rent (estimate)£1,050
- Mortgage Payment (IO)-£722
- Management (10%)-£105
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£123
Capital Returns
- 5yr Property Value£247,215
- 5yr Capital Gain (2.36% pa, historical)+£27,215
- 5yr Cumulative Rent (net)+£53,019
- Less mortgage interest-£43,320
- 5yr Total Return+£36,913
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 | £225,192 | £60,192 | +£1,476 | +£6,668 | 9.5% |
| Year 2 | £230,507 | £65,507 | +£3,180 | +£13,687 | 19.6% |
| Year 3 | £235,946 | £70,946 | +£5,117 | +£21,064 | 30.1% |
| Year 4 | £241,515 | £76,515 | +£7,292 | +£28,807 | 41.2% |
| Year 5 | £247,215 | £82,215 | +£9,699 | +£36,913 | 52.7% |
Modelled on the live asking price. Capital growth 2.36% a year is the LL18 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 (£70,000).
Price Forecast
No forecast available.