363 Sundowner Holiday Park, Newport Road, Hemsby, Great Yarmouth, NR29 4NW
Estimate of £27k for this bungalow property. 281 sales in NR29 in the last 12 months; median £245k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£25,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£0
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£27,100
Funding
- Deposit (25%)£6,250
- Mortgage (75% LTV)£18,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£8,350
Monthly Returns
- Monthly Rent (estimate)£100
- Mortgage Payment (IO)-£82
- Management (10%)-£10
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)-£92
Capital Returns
- 5yr Property Value£26,628
- 5yr Capital Gain (1.27% pa, historical)+£1,628
- 5yr Cumulative Rent (net, before lease costs)-£379
- Less mortgage interest-£4,920
- 5yr Total Return (before lease costs)-£3,671
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 | £25,318 | £6,568 | -£1,104 | -£786 | -9.4% |
| Year 2 | £25,639 | £6,889 | -£2,184 | -£1,545 | -18.5% |
| Year 3 | £25,965 | £7,215 | -£3,240 | -£2,275 | -27.2% |
| Year 4 | £26,294 | £7,544 | -£4,282 | -£2,988 | -35.8% |
| Year 5 | £26,628 | £7,878 | -£5,299 | -£3,671 | -44.0% |
Modelled on the live asking price. Capital growth 1.27% a year is the NR29 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 (£8,350).
Price Forecast
No forecast available.