41 Warley Road, Blackpool, FY1 2LJ
Estimate of £89k for this terrace property. 415 sales in FY1 in the last 12 months; median £97k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£90,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£4,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£96,600
Funding
- Deposit (25%)£22,500
- Mortgage (75% LTV)£67,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£29,100
Monthly Returns
- Monthly Rent (estimate)£700
- Mortgage Payment (IO)-£295
- Management (10%)-£70
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£235
Capital Returns
- 5yr Property Value£97,003
- 5yr Capital Gain (1.51% pa, historical)+£7,003
- 5yr Cumulative Rent (net)+£33,346
- Less mortgage interest-£17,700
- 5yr Total Return+£22,649
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 | £91,359 | £23,859 | +£2,820 | +£4,179 | 14.4% |
| Year 2 | £92,739 | £25,239 | +£5,796 | +£8,535 | 29.3% |
| Year 3 | £94,139 | £26,639 | +£8,919 | +£13,058 | 44.9% |
| Year 4 | £95,560 | £28,060 | +£12,206 | +£17,766 | 61.1% |
| Year 5 | £97,003 | £29,503 | +£15,646 | +£22,649 | 77.8% |
Modelled on the live asking price. Capital growth 1.51% a year is the FY1 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 (£29,100).
Price Forecast
No forecast available.