4 Beatrice Road, Worsley, Manchester, M28 2TN
Estimate of £666k for this detached property. 479 sales in M28 in the last 12 months; median £265k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£730,000
- SDLT standard£26,500
- SDLT BTL surcharge (5%)£36,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£795,100
Funding
- Deposit (25%)£182,500
- Mortgage (75% LTV)£547,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£247,600
Monthly Returns
- Monthly Rent (estimate)£3,550
- Mortgage Payment (IO)-£2,395
- Management (10%)-£355
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£700
Capital Returns
- 5yr Property Value£805,979
- 5yr Capital Gain (2.00% pa, historical)+£75,979
- 5yr Cumulative Rent (net, before lease costs)+£193,528
- Less mortgage interest-£143,700
- 5yr Total Return (before lease costs)+£125,807
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 | £744,600 | £197,100 | +£8,400 | +£23,000 | 9.3% |
| Year 2 | £759,492 | £211,992 | +£17,568 | +£47,060 | 19.0% |
| Year 3 | £774,682 | £227,182 | +£27,521 | +£72,203 | 29.2% |
| Year 4 | £790,175 | £242,675 | +£38,265 | +£98,440 | 39.8% |
| Year 5 | £805,979 | £258,479 | +£49,828 | +£125,807 | 50.8% |
Modelled on the live asking price. Capital growth 2.00% a year is the M28 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 (£247,600).
Price Forecast
No forecast available.