4 Westburn Avenue, Keighley, BD22 6AW
Estimate of £189k for this end terrace house. 392 sales in BD22 in the last 12 months; median £189k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£180,000
- SDLT standard£1,100
- SDLT BTL surcharge (5%)£9,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£192,200
Funding
- Deposit (25%)£45,000
- Mortgage (75% LTV)£135,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£57,200
Monthly Returns
- Monthly Rent (estimate)£1,100
- Mortgage Payment (IO)-£591
- Management (10%)-£110
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£299
Capital Returns
- 5yr Property Value£212,034
- 5yr Capital Gain (3.33% pa, historical)+£32,034
- 5yr Cumulative Rent (net)+£55,829
- Less mortgage interest-£35,460
- 5yr Total Return+£52,403
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 | £185,994 | £50,994 | +£3,588 | +£9,582 | 16.8% |
| Year 2 | £192,188 | £57,188 | +£7,416 | +£19,604 | 34.3% |
| Year 3 | £198,587 | £63,587 | +£11,489 | +£30,077 | 52.6% |
| Year 4 | £205,200 | £70,200 | +£15,801 | +£41,002 | 71.7% |
| Year 5 | £212,034 | £77,034 | +£20,369 | +£52,403 | 91.6% |
Modelled on the live asking price. Capital growth 3.33% a year is the BD22 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 (£57,200).
Price Forecast
No forecast available.