33 Old Nazeing Road, Broxbourne, EN10 6RU
Estimate of £954k for this detached house. 188 sales in EN10 in the last 12 months; median £435k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£930,000
- SDLT standard£36,750
- SDLT BTL surcharge (5%)£46,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£1,015,350
Funding
- Deposit (25%)£232,500
- Mortgage (75% LTV)£697,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£317,850
Monthly Returns
- Monthly Rent (estimate)£3,400
- Mortgage Payment (IO)-£3,052
- Management (10%)-£340
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£92
Capital Returns
- 5yr Property Value£923,971
- 5yr Capital Gain (-0.13% pa, historical)-£6,029
- 5yr Cumulative Rent (net)+£185,085
- Less mortgage interest-£183,120
- 5yr Total Return-£4,064
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 | £928,791 | £231,291 | -£1,104 | -£2,313 | -0.7% |
| Year 2 | £927,584 | £230,084 | -£1,476 | -£3,892 | -1.2% |
| Year 3 | £926,378 | £228,878 | -£1,100 | -£4,722 | -1.5% |
| Year 4 | £925,173 | £227,673 | +£42 | -£4,785 | -1.5% |
| Year 5 | £923,971 | £226,471 | +£1,965 | -£4,064 | -1.3% |
Modelled on the live asking price. Capital growth -0.13% a year is the EN10 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 (£317,850).
Price Forecast
No forecast available.