41 Lining Wood, Mitcheldean, GL17 0EN
Estimate of £274k for this terrace property. 119 sales in GL17 in the last 12 months; median £270k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£275,000
- SDLT standard£3,750
- SDLT BTL surcharge (5%)£13,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£294,600
Funding
- Deposit (25%)£68,750
- Mortgage (75% LTV)£206,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£88,350
Monthly Returns
- Monthly Rent (estimate)£1,200
- Mortgage Payment (IO)-£902
- Management (10%)-£120
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£78
Capital Returns
- 5yr Property Value£285,610
- 5yr Capital Gain (0.76% pa, historical)+£10,610
- 5yr Cumulative Rent (net)+£61,450
- Less mortgage interest-£54,120
- 5yr Total Return+£17,940
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 | £277,090 | £70,840 | +£936 | +£3,026 | 3.4% |
| Year 2 | £279,196 | £72,946 | +£2,136 | +£6,332 | 7.2% |
| Year 3 | £281,318 | £75,068 | +£3,594 | +£9,912 | 11.2% |
| Year 4 | £283,456 | £77,206 | +£5,327 | +£13,783 | 15.6% |
| Year 5 | £285,610 | £79,360 | +£7,330 | +£17,940 | 20.3% |
Modelled on the live asking price. Capital growth 0.76% a year is the GL17 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 (£88,350).
Price Forecast
No forecast available.