36 Chatsworth Road, Worksop, S81 0LF
Estimate of £314k for this detached property. 416 sales in S81 in the last 12 months; median £222k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£350,000
- SDLT standard£7,500
- SDLT BTL surcharge (5%)£17,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£377,100
Funding
- Deposit (25%)£87,500
- Mortgage (75% LTV)£262,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£114,600
Monthly Returns
- Monthly Rent (estimate)£1,300
- Mortgage Payment (IO)-£1,148
- Management (10%)-£130
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£78
Capital Returns
- 5yr Property Value£387,946
- 5yr Capital Gain (2.08% pa, historical)+£37,946
- 5yr Cumulative Rent (net)+£67,059
- Less mortgage interest-£68,880
- 5yr Total Return+£36,125
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 | £357,280 | £94,780 | -£936 | +£6,344 | 5.5% |
| Year 2 | £364,711 | £102,211 | -£1,596 | +£13,115 | 11.4% |
| Year 3 | £372,297 | £109,797 | -£1,962 | +£20,336 | 17.7% |
| Year 4 | £380,041 | £117,541 | -£2,039 | +£28,002 | 24.4% |
| Year 5 | £387,946 | £125,446 | -£1,821 | +£36,125 | 31.5% |
Modelled on the live asking price. Capital growth 2.08% a year is the S81 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 (£114,600).
Price Forecast
No forecast available.