3 Nutwood Cottage, West End Road, Broxbourne, EN10 7QN
Estimate of £1.45M for this detached house. 188 sales in EN10 in the last 12 months; median £435k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£245,000
- SDLT standard£2,400
- SDLT BTL surcharge (5%)£12,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£261,750
Funding
- Deposit (25%)£61,250
- Mortgage (75% LTV)£183,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£78,000
Monthly Returns
- Monthly Rent (estimate)£5,200
- Mortgage Payment (IO)-£804
- Management (10%)-£520
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£3,776
Capital Returns
- 5yr Property Value£243,412
- 5yr Capital Gain (-0.13% pa, historical)-£1,588
- 5yr Cumulative Rent (net)+£286,260
- Less mortgage interest-£48,240
- 5yr Total Return+£236,432
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 | £244,682 | £60,932 | +£45,312 | +£44,994 | 57.7% |
| Year 2 | £244,363 | £60,613 | +£91,752 | +£91,115 | 116.8% |
| Year 3 | £244,046 | £60,296 | +£139,333 | +£138,379 | 177.4% |
| Year 4 | £243,728 | £59,978 | +£188,080 | +£186,809 | 239.5% |
| Year 5 | £243,412 | £59,662 | +£238,020 | +£236,432 | 303.1% |
Modelled on the live asking price. Capital growth -0.13% a year is the EN10 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 (£78,000).
Price Forecast
No forecast available.