3 Hunter Avenue, Herne Bay, CT6 5FU
Estimate of £531k for this detached house. 439 sales in CT6 in the last 12 months; median £326k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£480,000
- SDLT standard£14,000
- SDLT BTL surcharge (5%)£24,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£520,100
Funding
- Deposit (25%)£120,000
- Mortgage (75% LTV)£360,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£160,100
Monthly Returns
- Monthly Rent (estimate)£2,100
- Mortgage Payment (IO)-£1,575
- Management (10%)-£210
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£215
Capital Returns
- 5yr Property Value£481,442
- 5yr Capital Gain (0.06% pa, historical)+£1,442
- 5yr Cumulative Rent (net)+£112,038
- Less mortgage interest-£94,500
- 5yr Total Return+£18,980
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 | £480,288 | £120,288 | +£2,580 | +£2,868 | 1.8% |
| Year 2 | £480,576 | £120,576 | +£5,616 | +£6,192 | 3.9% |
| Year 3 | £480,865 | £120,865 | +£9,118 | +£9,983 | 6.2% |
| Year 4 | £481,153 | £121,153 | +£13,085 | +£14,238 | 8.9% |
| Year 5 | £481,442 | £121,442 | +£17,538 | +£18,980 | 11.9% |
Modelled on the live asking price. Capital growth 0.06% a year is the CT6 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 (£160,100).
Price Forecast
No forecast available.