38 Ingram Road, Steyning, BN44 3PF
Estimate of £707k for this detached property. 115 sales in BN44 in the last 12 months; median £418k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£525,000
- SDLT standard£16,250
- SDLT BTL surcharge (5%)£26,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£569,600
Funding
- Deposit (25%)£131,250
- Mortgage (75% LTV)£393,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£175,850
Monthly Returns
- Monthly Rent (estimate)£2,400
- Mortgage Payment (IO)-£1,723
- Management (10%)-£240
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£337
Capital Returns
- 5yr Property Value£515,618
- 5yr Capital Gain (-0.36% pa, historical)-£9,382
- 5yr Cumulative Rent (net)+£128,876
- Less mortgage interest-£103,380
- 5yr Total Return+£16,114
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 | £523,110 | £129,360 | +£4,044 | +£2,154 | 1.2% |
| Year 2 | £521,227 | £127,477 | +£8,604 | +£4,831 | 2.7% |
| Year 3 | £519,350 | £125,600 | +£13,692 | +£8,042 | 4.6% |
| Year 4 | £517,481 | £123,731 | +£19,318 | +£11,799 | 6.7% |
| Year 5 | £515,618 | £121,868 | +£25,496 | +£16,114 | 9.2% |
Modelled on the live asking price. Capital growth -0.36% a year is the BN44 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 (£175,850).
Price Forecast
No forecast available.