30 Properties 23 to 33 Osberton View, Osberton View, Worksop, S81 0QU
Estimate of £88k for this flat/maisonette. 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
- Estimated Value£88,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£4,400
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£94,500
Funding
- Deposit (25%)£22,000
- Mortgage (75% LTV)£66,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£28,500
Monthly Returns
- Monthly Rent (estimate)£400
- Mortgage Payment (IO)-£289
- Management (10%)-£40
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)-£29
Capital Returns
- 5yr Property Value£97,541
- 5yr Capital Gain (2.08% pa, historical)+£9,541
- 5yr Cumulative Rent (net, before lease costs)+£16,483
- Less mortgage interest-£17,340
- 5yr Total Return (before lease costs)+£8,684
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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £89,830 | £23,830 | -£348 | +£1,482 | 5.2% |
| Year 2 | £91,699 | £25,699 | -£612 | +£3,087 | 10.8% |
| Year 3 | £93,606 | £27,606 | -£790 | +£4,816 | 16.9% |
| Year 4 | £95,553 | £29,553 | -£868 | +£6,685 | 23.5% |
| Year 5 | £97,541 | £31,541 | -£857 | +£8,684 | 30.5% |
Modelled on the estimated value: the property is not on the market. 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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£28,500).
Price Forecast
No forecast available.