30 Chestnut Road, Langold, Worksop, S81 9RS
Estimate of £121k for this mid terrace bungalow. 416 sales in S81 in the last 12 months; median £222k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£219,995
- SDLT standard£1,900
- SDLT BTL surcharge (5%)£11,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£234,995
Funding
- Deposit (25%)£54,999
- Mortgage (75% LTV)£164,996
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£69,999
Monthly Returns
- Monthly Rent (estimate)£750
- Mortgage Payment (IO)-£722
- Management (10%)-£75
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£147
Capital Returns
- 5yr Property Value£243,846
- 5yr Capital Gain (2.08% pa, historical)+£23,851
- 5yr Cumulative Rent (net)+£36,156
- Less mortgage interest-£43,320
- 5yr Total Return+£16,688
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 | £224,571 | £59,575 | -£1,764 | +£2,812 | 4.0% |
| Year 2 | £229,242 | £64,246 | -£3,360 | +£5,887 | 8.4% |
| Year 3 | £234,010 | £69,014 | -£4,796 | +£9,219 | 13.2% |
| Year 4 | £238,878 | £73,881 | -£6,070 | +£12,813 | 18.3% |
| Year 5 | £243,846 | £78,850 | -£7,164 | +£16,688 | 23.8% |
Modelled on the live asking price. Capital growth 2.08% a year is the S81 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 (£69,999).
Price Forecast
No forecast available.