42 Walton Road, Frinton-on-Sea, CO13 0AG
Estimate of £478k for this detached bungalow. 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
- Estimated Value£478,000
- SDLT standard£13,900
- SDLT BTL surcharge (5%)£23,900
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£517,900
Funding
- Deposit (25%)£119,500
- Mortgage (75% LTV)£358,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£159,400
Monthly Returns
- Monthly Rent (estimate)£1,950
- Mortgage Payment (IO)-£1,568
- Management (10%)-£195
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£87
Capital Returns
- 5yr Property Value£482,558
- 5yr Capital Gain (0.19% pa, historical)+£4,558
- 5yr Cumulative Rent (net)+£103,595
- Less mortgage interest-£94,080
- 5yr Total Return+£14,073
Modelled on the estimated value: the property is not on the market. 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 | £478,908 | £120,408 | +£1,044 | +£1,952 | 1.2% |
| Year 2 | £479,818 | £121,318 | +£2,508 | +£4,326 | 2.7% |
| Year 3 | £480,730 | £122,230 | +£4,401 | +£7,131 | 4.5% |
| Year 4 | £481,643 | £123,143 | +£6,734 | +£10,377 | 6.5% |
| Year 5 | £482,558 | £124,058 | +£9,515 | +£14,073 | 8.8% |
Modelled on the estimated value: the property is not on the market. 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. ROI is on cash required (£159,400).
Price Forecast
No forecast available.