5, 8 Wimborne Road, Bournemouth, BH2 6NG
Estimate of £341k for this flat/maisonette. 126 sales in BH2 in the last 12 months; median £199k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£410,000
- SDLT standard£10,500
- SDLT BTL surcharge (5%)£20,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£443,100
Funding
- Deposit (25%)£102,500
- Mortgage (75% LTV)£307,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£135,600
Monthly Returns
- Monthly Rent (estimate)£1,950
- Mortgage Payment (IO)-£1,345
- Management (10%)-£195
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£310
Capital Returns
- 5yr Property Value£361,620
- 5yr Capital Gain (-2.48% pa, historical)-£48,380
- 5yr Cumulative Rent (net, before lease costs)+£103,595
- Less mortgage interest-£80,700
- 5yr Total Return (before lease costs)-£25,486
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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £399,832 | £92,332 | +£3,720 | -£6,448 | -4.8% |
| Year 2 | £389,916 | £82,416 | +£7,860 | -£12,224 | -9.0% |
| Year 3 | £380,246 | £72,746 | +£12,429 | -£17,324 | -12.8% |
| Year 4 | £370,816 | £63,316 | +£17,438 | -£21,746 | -16.0% |
| Year 5 | £361,620 | £54,120 | +£22,895 | -£25,486 | -18.8% |
Modelled on the live asking price. Capital growth -2.48% a year is the BH2 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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£135,600).
Price Forecast
No forecast available.