4 Homefield Avenue, Morley, Leeds, LS27 0DX
Estimate of £170k for this semi-detached house. 501 sales in LS27 in the last 12 months; median £215k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£170,000
- SDLT standard£900
- SDLT BTL surcharge (5%)£8,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£181,500
Funding
- Deposit (25%)£42,500
- Mortgage (75% LTV)£127,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£54,000
Monthly Returns
- Monthly Rent (estimate)£800
- Mortgage Payment (IO)-£558
- Management (10%)-£80
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£62
Capital Returns
- 5yr Property Value£192,339
- 5yr Capital Gain (2.50% pa, historical)+£22,339
- 5yr Cumulative Rent (net)+£38,955
- Less mortgage interest-£33,480
- 5yr Total Return+£27,814
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 | £174,250 | £46,750 | +£744 | +£4,994 | 9.2% |
| Year 2 | £178,606 | £51,106 | +£1,656 | +£10,262 | 19.0% |
| Year 3 | £183,071 | £55,571 | +£2,752 | +£15,823 | 29.3% |
| Year 4 | £187,648 | £60,148 | +£4,023 | +£21,672 | 40.1% |
| Year 5 | £192,339 | £64,839 | +£5,475 | +£27,814 | 51.5% |
Modelled on the live asking price. Capital growth 2.50% a year is the LS27 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 (£54,000).
Price Forecast
No forecast available.