30 Bedford Road, Manchester, M16 0JA
Estimate of £453k for this semi-detached house. 262 sales in M16 in the last 12 months; median £286k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Estimated Value£453,000
- SDLT standard£12,650
- SDLT BTL surcharge (5%)£22,650
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£490,400
Funding
- Deposit (25%)£113,250
- Mortgage (75% LTV)£339,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£150,650
Monthly Returns
- Monthly Rent (estimate)£2,400
- Mortgage Payment (IO)-£1,486
- Management (10%)-£240
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£574
Capital Returns
- 5yr Property Value£594,583
- 5yr Capital Gain (5.59% pa, historical)+£141,583
- 5yr Cumulative Rent (net)+£128,876
- Less mortgage interest-£89,160
- 5yr Total Return+£181,299
Modelled on the estimated value: the property is not on the market. 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 | £478,323 | £138,573 | +£6,888 | +£32,211 | 21.4% |
| Year 2 | £505,061 | £165,311 | +£14,292 | +£66,353 | 44.0% |
| Year 3 | £533,294 | £193,544 | +£22,224 | +£102,517 | 68.1% |
| Year 4 | £563,105 | £223,355 | +£30,694 | +£140,799 | 93.5% |
| Year 5 | £594,583 | £254,833 | +£39,716 | +£181,299 | 120.3% |
Modelled on the estimated value: the property is not on the market. Capital growth 5.59% a year is the M16 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 (£150,650).
Price Forecast
No forecast available.