3 Vuefield Hill, Exeter, EX2 9NW
Estimate of £350k for this detached house. 448 sales in EX2 in the last 12 months; median £300k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£260,000
- SDLT standard£3,000
- SDLT BTL surcharge (5%)£13,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£278,100
Funding
- Deposit (25%)£65,000
- Mortgage (75% LTV)£195,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£83,100
Monthly Returns
- Monthly Rent (estimate)£1,600
- Mortgage Payment (IO)-£853
- Management (10%)-£160
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£487
Capital Returns
- 5yr Property Value£270,836
- 5yr Capital Gain (0.82% pa, historical)+£10,836
- 5yr Cumulative Rent (net)+£83,934
- Less mortgage interest-£51,180
- 5yr Total Return+£43,590
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 | £262,132 | £67,132 | +£5,844 | +£7,976 | 9.6% |
| Year 2 | £264,281 | £69,281 | +£12,036 | +£16,317 | 19.6% |
| Year 3 | £266,449 | £71,449 | +£18,584 | +£25,032 | 30.1% |
| Year 4 | £268,633 | £73,633 | +£25,483 | +£34,116 | 41.1% |
| Year 5 | £270,836 | £75,836 | +£32,754 | +£43,590 | 52.5% |
Modelled on the live asking price. Capital growth 0.82% a year is the EX2 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 (£83,100).
Price Forecast
No forecast available.