39 Littlepark Avenue, Havant, PO9 3QU
Estimate of £433k for this detached bungalow. 462 sales in PO9 in the last 12 months; median £290k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£475,000
- SDLT standard£13,750
- SDLT BTL surcharge (5%)£23,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£514,600
Funding
- Deposit (25%)£118,750
- Mortgage (75% LTV)£356,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£158,350
Monthly Returns
- Monthly Rent (estimate)£1,550
- Mortgage Payment (IO)-£1,559
- Management (10%)-£155
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£264
Capital Returns
- 5yr Property Value£504,192
- 5yr Capital Gain (1.20% pa, historical)+£29,192
- 5yr Cumulative Rent (net)+£81,123
- Less mortgage interest-£93,540
- 5yr Total Return+£16,775
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 | £480,700 | £124,450 | -£3,168 | +£2,532 | 1.6% |
| Year 2 | £486,468 | £130,218 | -£6,000 | +£5,468 | 3.5% |
| Year 3 | £492,306 | £136,056 | -£8,489 | +£8,817 | 5.6% |
| Year 4 | £498,214 | £141,964 | -£10,626 | +£12,588 | 7.9% |
| Year 5 | £504,192 | £147,942 | -£12,417 | +£16,775 | 10.6% |
Modelled on the live asking price. Capital growth 1.20% a year is the PO9 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 (£158,350).
Price Forecast
No forecast available.