40 Samphire Way, Kirby Cross, Frinton-on-Sea, CO13 0GR
Estimate of £375k for this semi-detached house. 211 sales in CO13 in the last 12 months; median £318k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£445,000
- SDLT standard£12,250
- SDLT BTL surcharge (5%)£22,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£481,600
Funding
- Deposit (25%)£111,250
- Mortgage (75% LTV)£333,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£147,850
Monthly Returns
- Monthly Rent (estimate)£1,650
- Mortgage Payment (IO)-£1,460
- Management (10%)-£165
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)-£75
Capital Returns
- 5yr Property Value£449,244
- 5yr Capital Gain (0.19% pa, historical)+£4,244
- 5yr Cumulative Rent (net, before lease costs)+£86,732
- Less mortgage interest-£87,600
- 5yr Total Return (before lease costs)+£3,376
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 | £445,846 | £112,096 | -£900 | -£54 | -0.0% |
| Year 2 | £446,693 | £112,943 | -£1,440 | +£253 | 0.2% |
| Year 3 | £447,541 | £113,791 | -£1,624 | +£917 | 0.6% |
| Year 4 | £448,392 | £114,642 | -£1,432 | +£1,959 | 1.3% |
| Year 5 | £449,244 | £115,494 | -£868 | +£3,376 | 2.3% |
Modelled on the live asking price. Capital growth 0.19% a year is the CO13 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 (£147,850).
Price Forecast
No forecast available.