32 Crowthorn Road, Ashton-under-Lyne, OL7 0DH
Estimate of £208k for this terrace property. 132 sales in OL7 in the last 12 months; median £182k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£170,000
- SDLT standard£900
- SDLT BTL surcharge (5%)£8,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£181,500
Funding
- Deposit (25%)£42,500
- Mortgage (75% LTV)£127,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£54,000
Monthly Returns
- Monthly Rent (estimate)£1,350
- Mortgage Payment (IO)-£558
- Management (10%)-£135
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£557
Capital Returns
- 5yr Property Value£220,399
- 5yr Capital Gain (5.33% pa, historical)+£50,399
- 5yr Cumulative Rent (net)+£69,881
- Less mortgage interest-£33,480
- 5yr Total Return+£86,800
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 | £179,061 | £51,561 | +£6,684 | +£15,745 | 29.2% |
| Year 2 | £188,605 | £61,105 | +£13,656 | +£32,261 | 59.7% |
| Year 3 | £198,658 | £71,158 | +£20,934 | +£49,592 | 91.8% |
| Year 4 | £209,246 | £81,746 | +£28,514 | +£67,760 | 125.5% |
| Year 5 | £220,399 | £92,899 | +£36,401 | +£86,800 | 160.7% |
Modelled on the live asking price. Capital growth 5.33% a year is the OL7 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 (£54,000).
Price Forecast
No forecast available.