34 Horton Drive, Upper Lighthorne, Leamington Spa, CV33 8AH
Estimate of £526k for this detached house. 103 sales in CV33 in the last 12 months; median £410k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£389,995
- SDLT standard£9,500
- SDLT BTL surcharge (5%)£19,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£421,095
Funding
- Deposit (25%)£97,499
- Mortgage (75% LTV)£292,496
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£128,599
Monthly Returns
- Monthly Rent (estimate)£1,900
- Mortgage Payment (IO)-£1,280
- Management (10%)-£190
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£330
Capital Returns
- 5yr Property Value£444,265
- 5yr Capital Gain (2.64% pa, historical)+£54,270
- 5yr Cumulative Rent (net)+£100,772
- Less mortgage interest-£76,800
- 5yr Total Return+£78,242
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 | £400,291 | £107,795 | +£3,960 | +£14,256 | 11.1% |
| Year 2 | £410,859 | £118,362 | +£8,328 | +£29,192 | 22.7% |
| Year 3 | £421,705 | £129,209 | +£13,113 | +£44,823 | 34.9% |
| Year 4 | £432,838 | £140,342 | +£18,325 | +£61,168 | 47.6% |
| Year 5 | £444,265 | £151,769 | +£23,972 | +£78,242 | 60.8% |
Modelled on the live asking price. Capital growth 2.64% a year is the CV33 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 (£128,599).
Price Forecast
No forecast available.