49 Baguley Street, Droylsden, Manchester, M43 7BB
Estimate of £233k for this semi-detached house. 223 sales in M43 in the last 12 months; median £220k.
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)£1,500
- Mortgage Payment (IO)-£623
- Management (10%)-£150
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£627
Capital Returns
- 5yr Property Value£258,003
- 5yr Capital Gain (6.31% pa, historical)+£68,003
- 5yr Cumulative Rent (net)+£78,313
- Less mortgage interest-£37,380
- 5yr Total Return+£108,935
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 | £201,989 | £59,489 | +£7,524 | +£19,513 | 32.3% |
| Year 2 | £214,735 | £72,235 | +£15,372 | +£40,107 | 66.4% |
| Year 3 | £228,284 | £85,784 | +£23,551 | +£61,835 | 102.4% |
| Year 4 | £242,689 | £100,189 | +£32,069 | +£84,758 | 140.3% |
| Year 5 | £258,003 | £115,503 | +£40,933 | +£108,935 | 180.4% |
Modelled on the live asking price. Capital growth 6.31% a year is the M43 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.