46 Lawnwood Avenue, Elkesley, Retford, DN22 8AG
Estimate of £179k for this semi-detached house. 410 sales in DN22 in the last 12 months; median £205k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£180,000
- SDLT standard£1,100
- SDLT BTL surcharge (5%)£9,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£192,200
Funding
- Deposit (25%)£45,000
- Mortgage (75% LTV)£135,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£57,200
Monthly Returns
- Monthly Rent (estimate)£850
- Mortgage Payment (IO)-£591
- Management (10%)-£85
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£74
Capital Returns
- 5yr Property Value£194,198
- 5yr Capital Gain (1.53% pa, historical)+£14,198
- 5yr Cumulative Rent (net)+£41,777
- Less mortgage interest-£35,460
- 5yr Total Return+£20,515
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 | £182,754 | £47,754 | +£888 | +£3,642 | 6.4% |
| Year 2 | £185,550 | £50,550 | +£1,956 | +£7,506 | 13.1% |
| Year 3 | £188,389 | £53,389 | +£3,220 | +£11,609 | 20.3% |
| Year 4 | £191,271 | £56,271 | +£4,672 | +£15,944 | 27.9% |
| Year 5 | £194,198 | £59,198 | +£6,317 | +£20,515 | 35.9% |
Modelled on the live asking price. Capital growth 1.53% a year is the DN22 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 (£57,200).
Price Forecast
No forecast available.