42 Maplewood Drive, Middlesbrough, TS6 0GB
Estimate of £259k for this detached house. 313 sales in TS6 in the last 12 months; median £125k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£259,950
- SDLT standard£2,998
- SDLT BTL surcharge (5%)£12,998
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£278,046
Funding
- Deposit (25%)£64,988
- Mortgage (75% LTV)£194,962
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£83,084
Monthly Returns
- Monthly Rent (estimate)£1,600
- Mortgage Payment (IO)-£853
- Management (10%)-£160
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£487
Capital Returns
- 5yr Property Value£309,486
- 5yr Capital Gain (3.55% pa, historical)+£49,536
- 5yr Cumulative Rent (net)+£83,934
- Less mortgage interest-£51,180
- 5yr Total Return+£82,289
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 | £269,178 | £74,216 | +£5,844 | +£15,072 | 18.1% |
| Year 2 | £278,734 | £83,772 | +£12,036 | +£30,820 | 37.1% |
| Year 3 | £288,629 | £93,667 | +£18,584 | +£47,263 | 56.9% |
| Year 4 | £298,875 | £103,913 | +£25,483 | +£64,408 | 77.5% |
| Year 5 | £309,486 | £114,523 | +£32,754 | +£82,289 | 99.0% |
Modelled on the live asking price. Capital growth 3.55% a year is the TS6 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 (£83,084).
Price Forecast
No forecast available.