38 Sholebroke Avenue, Leeds, LS7 3HB
Estimate of £623k for this detached property. 211 sales in LS7 in the last 12 months; median £271k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£650,000
- SDLT standard£22,500
- SDLT BTL surcharge (5%)£32,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£707,100
Funding
- Deposit (25%)£162,500
- Mortgage (75% LTV)£487,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£219,600
Monthly Returns
- Monthly Rent (estimate)£2,900
- Mortgage Payment (IO)-£2,133
- Management (10%)-£290
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£377
Capital Returns
- 5yr Property Value£908,680
- 5yr Capital Gain (6.93% pa, historical)+£258,680
- 5yr Cumulative Rent (net)+£156,981
- Less mortgage interest-£127,980
- 5yr Total Return+£287,681
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 | £695,045 | £207,545 | +£4,524 | +£49,569 | 22.6% |
| Year 2 | £743,212 | £255,712 | +£9,672 | +£102,884 | 46.9% |
| Year 3 | £794,716 | £307,216 | +£15,458 | +£160,174 | 72.9% |
| Year 4 | £849,790 | £362,290 | +£21,896 | +£221,686 | 100.9% |
| Year 5 | £908,680 | £421,180 | +£29,001 | +£287,681 | 131.0% |
Modelled on the live asking price. Capital growth 6.93% a year is the LS7 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 (£219,600).
Price Forecast
No forecast available.