3 Rea Barn Close, Brixham, TQ5 9EA
Estimate of £289k for this end terrace house. 234 sales in TQ5 in the last 12 months; median £274k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£20,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£0
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£22,100
Funding
- Deposit (25%)£5,000
- Mortgage (75% LTV)£15,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£7,100
Monthly Returns
- Monthly Rent (estimate)£1,150
- Mortgage Payment (IO)-£66
- Management (10%)-£115
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£869
Capital Returns
- 5yr Property Value£20,413
- 5yr Capital Gain (0.41% pa, historical)+£413
- 5yr Cumulative Rent (net)+£58,640
- Less mortgage interest-£3,960
- 5yr Total Return+£55,093
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 | £20,082 | £5,082 | +£10,428 | +£10,510 | 148.0% |
| Year 2 | £20,164 | £5,164 | +£21,108 | +£21,272 | 299.6% |
| Year 3 | £20,247 | £5,247 | +£32,034 | +£32,281 | 454.7% |
| Year 4 | £20,330 | £5,330 | +£43,222 | +£43,552 | 613.4% |
| Year 5 | £20,413 | £5,413 | +£54,680 | +£55,093 | 776.0% |
Modelled on the live asking price. Capital growth 0.41% a year is the TQ5 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 (£7,100).
Price Forecast
No forecast available.