31 Oakshott Drive, Havant, PO9 5SN
Estimate of £320k for this semi-detached bungalow. 462 sales in PO9 in the last 12 months; median £290k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£275,000
- SDLT standard£3,750
- SDLT BTL surcharge (5%)£13,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£294,600
Funding
- Deposit (25%)£68,750
- Mortgage (75% LTV)£206,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£88,350
Monthly Returns
- Monthly Rent (estimate)£1,350
- Mortgage Payment (IO)-£902
- Management (10%)-£135
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£213
Capital Returns
- 5yr Property Value£291,901
- 5yr Capital Gain (1.20% pa, historical)+£16,901
- 5yr Cumulative Rent (net)+£69,881
- Less mortgage interest-£54,120
- 5yr Total Return+£32,662
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 | £278,300 | £72,050 | +£2,556 | +£5,856 | 6.6% |
| Year 2 | £281,640 | £75,390 | +£5,400 | +£12,040 | 13.6% |
| Year 3 | £285,019 | £78,769 | +£8,550 | +£18,570 | 21.0% |
| Year 4 | £288,440 | £82,190 | +£12,002 | +£25,442 | 28.8% |
| Year 5 | £291,901 | £85,651 | +£15,761 | +£32,662 | 37.0% |
Modelled on the live asking price. Capital growth 1.20% a year is the PO9 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 (£88,350).
Price Forecast
No forecast available.