5 Benthall Walk, Denton, Manchester, M34 6NZ
Estimate of £203k for this mid terrace house. 445 sales in M34 in the last 12 months; median £218k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Estimated Value£203,000
- SDLT standard£1,560
- SDLT BTL surcharge (5%)£10,150
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£216,810
Funding
- Deposit (25%)£50,750
- Mortgage (75% LTV)£152,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£64,560
Monthly Returns
- Monthly Rent (estimate)£1,250
- Mortgage Payment (IO)-£666
- Management (10%)-£125
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£359
Capital Returns
- 5yr Property Value£251,405
- 5yr Capital Gain (4.37% pa, historical)+£48,405
- 5yr Cumulative Rent (net)+£64,249
- Less mortgage interest-£39,960
- 5yr Total Return+£72,694
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 | £211,871 | £59,621 | +£4,308 | +£13,179 | 20.4% |
| Year 2 | £221,130 | £68,880 | +£8,880 | +£27,010 | 41.8% |
| Year 3 | £230,793 | £78,543 | +£13,734 | +£41,527 | 64.3% |
| Year 4 | £240,879 | £88,629 | +£18,864 | +£56,743 | 87.9% |
| Year 5 | £251,405 | £99,155 | +£24,289 | +£72,694 | 112.6% |
Modelled on the estimated value: the property is not on the market. Capital growth 4.37% a year is the M34 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 (£64,560).
Price Forecast
No forecast available.