35 Glendower Park, Leeds, LS16 8HA
Estimate of £266k for this property. 416 sales in LS16 in the last 12 months; median £330k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£285,000
- SDLT standard£4,250
- SDLT BTL surcharge (5%)£14,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£305,600
Funding
- Deposit (25%)£71,250
- Mortgage (75% LTV)£213,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£91,850
Monthly Returns
- Monthly Rent (estimate)£1,550
- Mortgage Payment (IO)-£935
- Management (10%)-£155
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£360
Capital Returns
- 5yr Property Value£298,058
- 5yr Capital Gain (0.90% pa, historical)+£13,058
- 5yr Cumulative Rent (net, before lease costs)+£81,123
- Less mortgage interest-£56,100
- 5yr Total Return (before lease costs)+£38,081
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. 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 | £287,565 | £73,815 | +£4,320 | +£6,885 | 7.5% |
| Year 2 | £290,153 | £76,403 | +£8,976 | +£14,129 | 15.4% |
| Year 3 | £292,764 | £79,014 | +£13,975 | +£21,740 | 23.7% |
| Year 4 | £295,399 | £81,649 | +£19,326 | +£29,725 | 32.4% |
| Year 5 | £298,058 | £84,308 | +£25,023 | +£38,081 | 41.5% |
Modelled on the live asking price. Capital growth 0.90% a year is the LS16 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 (£91,850).
Price Forecast
No forecast available.