4 Derrymore, Temple Street, Llandrindod Wells, LD1 5HG
Estimate of £61k for this flat/maisonette. 102 sales in LD1 in the last 12 months; median £253k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£41,500
- SDLT standard£0
- SDLT BTL surcharge (5%)£2,075
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£45,675
Funding
- Deposit (25%)£10,375
- Mortgage (75% LTV)£31,125
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£14,550
Monthly Returns
- Monthly Rent (estimate)£350
- Mortgage Payment (IO)-£136
- Management (10%)-£35
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£79
Capital Returns
- 5yr Property Value£54,781
- 5yr Capital Gain (5.71% pa, historical)+£13,281
- 5yr Cumulative Rent (net, before lease costs)+£13,673
- Less mortgage interest-£8,160
- 5yr Total Return (before lease costs)+£18,794
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 | £43,870 | £12,745 | +£948 | +£3,318 | 22.8% |
| Year 2 | £46,375 | £15,250 | +£1,968 | +£6,843 | 47.0% |
| Year 3 | £49,023 | £17,898 | +£3,074 | +£10,596 | 72.8% |
| Year 4 | £51,822 | £20,697 | +£4,255 | +£14,577 | 100.2% |
| Year 5 | £54,781 | £23,656 | +£5,513 | +£18,794 | 129.2% |
Modelled on the live asking price. Capital growth 5.71% a year is the LD1 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 (£14,550).
Price Forecast
No forecast available.