3 New Road Court, New Road, Liverpool, L13 8EF
Estimate of £35k for this purpose built flat. 302 sales in L13 in the last 12 months; median £140k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£31,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£0
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£33,100
Funding
- Deposit (25%)£7,750
- Mortgage (75% LTV)£23,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£9,850
Monthly Returns
- Monthly Rent (estimate)£200
- Mortgage Payment (IO)-£102
- Management (10%)-£20
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)-£22
Capital Returns
- 5yr Property Value£39,452
- 5yr Capital Gain (4.94% pa, historical)+£8,452
- 5yr Cumulative Rent (net, before lease costs)+£5,242
- Less mortgage interest-£6,120
- 5yr Total Return (before lease costs)+£7,574
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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £32,531 | £9,281 | -£264 | +£1,267 | 12.9% |
| Year 2 | £34,138 | £10,888 | -£480 | +£2,658 | 27.0% |
| Year 3 | £35,825 | £12,575 | -£659 | +£4,166 | 42.3% |
| Year 4 | £37,595 | £14,345 | -£788 | +£5,806 | 58.9% |
| Year 5 | £39,452 | £16,202 | -£878 | +£7,574 | 76.9% |
Modelled on the live asking price. Capital growth 4.94% a year is the L13 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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£9,850).
Price Forecast
No forecast available.