Recent sale
4 ERROL AVENUE
£110k
Sale price
£/sqft
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Rent pcm
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Yield
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Estimate of £229k for semi-detached houses in Manchester. 253 transactions in the last 12 months; median £182k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £245,900 | £74,150 | +£5,412 | +£22,312 | 21.9% |
| Year 2 | £264,048 | £92,298 | +£10,824 | +£45,872 | 45.1% |
| Year 3 | £283,534 | £111,784 | +£16,236 | +£70,770 | 69.5% |
| Year 4 | £304,459 | £132,709 | +£21,648 | +£97,107 | 95.4% |
| Year 5 | £326,928 | £155,178 | +£27,060 | +£124,988 | 122.8% |
Assumes 7.38% pa capital growth (API forecast), 3.0% rental growth, 5.25% IO mortgage held for 5 years, light refurb completed year 0. ROI is on total cash invested (£101,810).
No forecast available.