40 Deepdale Drive, Pendlebury, Swinton, Manchester, M27 8TZ
Estimate of £207k for this end terrace house. 449 sales in M27 in the last 12 months; median £222k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£270,000
- SDLT standard£3,500
- SDLT BTL surcharge (5%)£13,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£289,100
Funding
- Deposit (25%)£67,500
- Mortgage (75% LTV)£202,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£86,600
Monthly Returns
- Monthly Rent (estimate)£1,300
- Mortgage Payment (IO)-£886
- Management (10%)-£130
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£184
Capital Returns
- 5yr Property Value£318,821
- 5yr Capital Gain (3.38% pa, historical)+£48,821
- 5yr Cumulative Rent (net, before lease costs)+£67,059
- Less mortgage interest-£53,160
- 5yr Total Return (before lease costs)+£62,720
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 | £279,126 | £76,626 | +£2,208 | +£11,334 | 13.1% |
| Year 2 | £288,560 | £86,060 | +£4,692 | +£23,252 | 26.9% |
| Year 3 | £298,314 | £95,814 | +£7,470 | +£35,784 | 41.3% |
| Year 4 | £308,397 | £105,897 | +£10,537 | +£48,934 | 56.5% |
| Year 5 | £318,821 | £116,321 | +£13,899 | +£62,720 | 72.4% |
Modelled on the live asking price. Capital growth 3.38% a year is the M27 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 (£86,600).
Price Forecast
No forecast available.