35A Kingscote Road, Birmingham, B15 3LA
Estimate of £780k for this detached house. 101 sales in B15 in the last 12 months; median £242k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£695,000
- SDLT standard£24,750
- SDLT BTL surcharge (5%)£34,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£756,600
Funding
- Deposit (25%)£173,750
- Mortgage (75% LTV)£521,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£235,350
Monthly Returns
- Monthly Rent (estimate)£2,800
- Mortgage Payment (IO)-£2,280
- Management (10%)-£280
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£140
Capital Returns
- 5yr Property Value£580,091
- 5yr Capital Gain (-3.55% pa, historical)-£114,909
- 5yr Cumulative Rent (net)+£151,372
- Less mortgage interest-£136,800
- 5yr Total Return-£100,337
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 | £670,328 | £149,078 | +£1,680 | -£22,992 | -9.8% |
| Year 2 | £646,531 | £125,281 | +£3,960 | -£44,509 | -18.9% |
| Year 3 | £623,579 | £102,329 | +£6,865 | -£64,556 | -27.4% |
| Year 4 | £601,442 | £80,192 | +£10,398 | -£83,160 | -35.3% |
| Year 5 | £580,091 | £58,841 | +£14,572 | -£100,337 | -42.6% |
Modelled on the live asking price. Capital growth -3.55% a year is the B15 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 (£235,350).
Price Forecast
No forecast available.