35 Theseus Walk, London, N1 8DS
Estimate of £499k for this flat/maisonette. 636 sales in N1 in the last 12 months; median £637k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£499,950
- SDLT standard£14,998
- SDLT BTL surcharge (5%)£24,998
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£542,046
Funding
- Deposit (25%)£124,988
- Mortgage (75% LTV)£374,962
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£167,084
Monthly Returns
- Monthly Rent (estimate)£2,500
- Mortgage Payment (IO)-£1,640
- Management (10%)-£250
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£510
Capital Returns
- 5yr Property Value£474,967
- 5yr Capital Gain (-1.02% pa, historical)-£24,983
- 5yr Cumulative Rent (net, before lease costs)+£134,509
- Less mortgage interest-£98,400
- 5yr Total Return (before lease costs)+£11,127
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 | £494,851 | £119,888 | +£6,120 | +£1,021 | 0.6% |
| Year 2 | £489,803 | £114,841 | +£12,780 | +£2,633 | 1.6% |
| Year 3 | £484,807 | £109,845 | +£19,992 | +£4,849 | 2.9% |
| Year 4 | £479,862 | £104,900 | +£27,768 | +£7,680 | 4.6% |
| Year 5 | £474,967 | £100,005 | +£36,109 | +£11,127 | 6.7% |
Modelled on the live asking price. Capital growth -1.02% a year is the N1 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 (£167,084).
Price Forecast
No forecast available.