30 Cottingham Drive, Moulton, Northampton, NN3 7LD
Estimate of £324k for this detached house. 711 sales in NN3 in the last 12 months; median £259k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£325,000
- SDLT standard£6,250
- SDLT BTL surcharge (5%)£16,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£349,600
Funding
- Deposit (25%)£81,250
- Mortgage (75% LTV)£243,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£105,850
Monthly Returns
- Monthly Rent (estimate)£1,500
- Mortgage Payment (IO)-£1,066
- Management (10%)-£150
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£184
Capital Returns
- 5yr Property Value£340,059
- 5yr Capital Gain (0.91% pa, historical)+£15,059
- 5yr Cumulative Rent (net)+£78,313
- Less mortgage interest-£63,960
- 5yr Total Return+£29,412
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 | £327,958 | £84,208 | +£2,208 | +£5,166 | 4.9% |
| Year 2 | £330,942 | £87,192 | +£4,740 | +£10,682 | 10.1% |
| Year 3 | £333,953 | £90,203 | +£7,603 | +£16,557 | 15.6% |
| Year 4 | £336,992 | £93,242 | +£10,805 | +£22,797 | 21.5% |
| Year 5 | £340,059 | £96,309 | +£14,353 | +£29,412 | 27.8% |
Modelled on the live asking price. Capital growth 0.91% a year is the NN3 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 (£105,850).
Price Forecast
No forecast available.