5 Bedfont Walk, Manchester, M9 4AN
Estimate of £217k for this end terrace house. 264 sales in M9 in the last 12 months; median £182k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Estimated Value£217,000
- SDLT standard£1,840
- SDLT BTL surcharge (5%)£10,850
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£231,790
Funding
- Deposit (25%)£54,250
- Mortgage (75% LTV)£162,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£69,040
Monthly Returns
- Monthly Rent (estimate)£1,650
- Mortgage Payment (IO)-£712
- Management (10%)-£165
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£673
Capital Returns
- 5yr Property Value£303,785
- 5yr Capital Gain (6.96% pa, historical)+£86,785
- 5yr Cumulative Rent (net)+£86,732
- Less mortgage interest-£42,720
- 5yr Total Return+£130,797
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 | £232,103 | £69,353 | +£8,076 | +£23,179 | 33.6% |
| Year 2 | £248,258 | £85,508 | +£16,512 | +£47,770 | 69.2% |
| Year 3 | £265,536 | £102,786 | +£25,304 | +£73,840 | 107.0% |
| Year 4 | £284,018 | £121,268 | +£34,472 | +£101,489 | 147.0% |
| Year 5 | £303,785 | £141,035 | +£44,012 | +£130,797 | 189.5% |
Modelled on the estimated value: the property is not on the market. Capital growth 6.96% a year is the M9 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 (£69,040).
Price Forecast
No forecast available.