45 Geneva Walk, Dereham, NR19 1XT
Estimate of £190k for this terrace property. 237 sales in NR19 in the last 12 months; median £235k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£190,000
- SDLT standard£1,300
- SDLT BTL surcharge (5%)£9,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£202,900
Funding
- Deposit (25%)£47,500
- Mortgage (75% LTV)£142,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£60,400
Monthly Returns
- Monthly Rent (estimate)£850
- Mortgage Payment (IO)-£623
- Management (10%)-£85
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£42
Capital Returns
- 5yr Property Value£202,976
- 5yr Capital Gain (1.33% pa, historical)+£12,976
- 5yr Cumulative Rent (net)+£41,777
- Less mortgage interest-£37,380
- 5yr Total Return+£17,373
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 | £192,527 | £50,027 | +£504 | +£3,031 | 5.0% |
| Year 2 | £195,088 | £52,588 | +£1,188 | +£6,276 | 10.4% |
| Year 3 | £197,682 | £55,182 | +£2,068 | +£9,750 | 16.1% |
| Year 4 | £200,311 | £57,811 | +£3,136 | +£13,448 | 22.3% |
| Year 5 | £202,976 | £60,476 | +£4,397 | +£17,373 | 28.8% |
Modelled on the live asking price. Capital growth 1.33% a year is the NR19 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 (£60,400).
Price Forecast
No forecast available.