Recent sale
2 MANCHESTER ROAD
£665k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Estimate of £862k for detached houses in Manchester. 301 transactions in the last 12 months; median £413k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £903,376 | £256,876 | -£16,416 | +£24,960 | 6.8% |
| Year 2 | £946,738 | £300,238 | -£32,832 | +£51,906 | 14.1% |
| Year 3 | £992,181 | £345,681 | -£49,248 | +£80,933 | 22.1% |
| Year 4 | £1,039,806 | £393,306 | -£65,664 | +£112,142 | 30.6% |
| Year 5 | £1,089,717 | £443,217 | -£82,080 | +£145,637 | 39.7% |
Assumes 4.80% pa capital growth (API forecast), 3.0% rental growth, 5.25% IO mortgage held for 5 years, light refurb completed year 0. ROI is on total cash invested (£367,040).
No forecast available.