48 Hazelby Road, Creswell, Worksop, S80 4BB
Estimate of £80k for this terrace property. 343 sales in S80 in the last 12 months; median £150k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£70,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£3,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£75,600
Funding
- Deposit (25%)£17,500
- Mortgage (75% LTV)£52,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£23,100
Monthly Returns
- Monthly Rent (estimate)£600
- Mortgage Payment (IO)-£230
- Management (10%)-£60
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£210
Capital Returns
- 5yr Property Value£77,779
- 5yr Capital Gain (2.13% pa, historical)+£7,779
- 5yr Cumulative Rent (net)+£27,725
- Less mortgage interest-£13,800
- 5yr Total Return+£21,705
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 | £71,491 | £18,991 | +£2,520 | +£4,011 | 17.4% |
| Year 2 | £73,014 | £20,514 | +£5,172 | +£8,186 | 35.4% |
| Year 3 | £74,569 | £22,069 | +£7,959 | +£12,528 | 54.2% |
| Year 4 | £76,157 | £23,657 | +£10,872 | +£17,029 | 73.7% |
| Year 5 | £77,779 | £25,279 | +£13,925 | +£21,705 | 94.0% |
Modelled on the live asking price. Capital growth 2.13% a year is the S80 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 (£23,100).
Price Forecast
No forecast available.