3, Paignton, TQ4 7GS
Estimate of £229k for this semi-detached house. 295 sales in TQ4 in the last 12 months; median £260k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£229,950
- SDLT standard£2,099
- SDLT BTL surcharge (5%)£11,498
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£245,647
Funding
- Deposit (25%)£57,488
- Mortgage (75% LTV)£172,462
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£73,184
Monthly Returns
- Monthly Rent (estimate)£950
- Mortgage Payment (IO)-£755
- Management (10%)-£95
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£0
Capital Returns
- 5yr Property Value£246,018
- 5yr Capital Gain (1.36% pa, historical)+£16,068
- 5yr Cumulative Rent (net)+£47,386
- Less mortgage interest-£45,300
- 5yr Total Return+£18,154
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 | £233,077 | £60,615 | +£0 | +£3,127 | 4.3% |
| Year 2 | £236,247 | £63,785 | +£204 | +£6,501 | 8.9% |
| Year 3 | £239,460 | £66,998 | +£617 | +£10,127 | 13.8% |
| Year 4 | £242,717 | £70,254 | +£1,242 | +£14,009 | 19.1% |
| Year 5 | £246,018 | £73,555 | +£2,086 | +£18,154 | 24.8% |
Modelled on the live asking price. Capital growth 1.36% a year is the TQ4 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 (£73,184).
Price Forecast
No forecast available.