30 Bartholomew Street West, Exeter, EX4 3BN
Estimate of £570k for this mid terrace house. 440 sales in EX4 in the last 12 months; median £281k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£550,000
- SDLT standard£17,500
- SDLT BTL surcharge (5%)£27,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£597,100
Funding
- Deposit (25%)£137,500
- Mortgage (75% LTV)£412,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£184,600
Monthly Returns
- Monthly Rent (estimate)£2,950
- Mortgage Payment (IO)-£1,805
- Management (10%)-£295
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£750
Capital Returns
- 5yr Property Value£593,382
- 5yr Capital Gain (1.53% pa, historical)+£43,382
- 5yr Cumulative Rent (net)+£159,803
- Less mortgage interest-£108,300
- 5yr Total Return+£94,885
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 | £558,415 | £145,915 | +£9,000 | +£17,415 | 9.4% |
| Year 2 | £566,959 | £154,459 | +£18,636 | +£35,595 | 19.3% |
| Year 3 | £575,633 | £163,133 | +£28,922 | +£54,555 | 29.6% |
| Year 4 | £584,440 | £171,940 | +£39,873 | +£74,313 | 40.3% |
| Year 5 | £593,382 | £180,882 | +£51,503 | +£94,885 | 51.4% |
Modelled on the live asking price. Capital growth 1.53% a year is the EX4 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 (£184,600).
Price Forecast
No forecast available.