5 High View Avenue, Herne Bay, CT6 8DG
Estimate of £479k for this detached house. 439 sales in CT6 in the last 12 months; median £326k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£475,000
- SDLT standard£13,750
- SDLT BTL surcharge (5%)£23,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£514,600
Funding
- Deposit (25%)£118,750
- Mortgage (75% LTV)£356,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£158,350
Monthly Returns
- Monthly Rent (estimate)£1,900
- Mortgage Payment (IO)-£1,559
- Management (10%)-£190
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£51
Capital Returns
- 5yr Property Value£476,427
- 5yr Capital Gain (0.06% pa, historical)+£1,427
- 5yr Cumulative Rent (net)+£100,772
- Less mortgage interest-£93,540
- 5yr Total Return+£8,659
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 | £475,285 | £119,035 | +£612 | +£897 | 0.6% |
| Year 2 | £475,570 | £119,320 | +£1,632 | +£2,202 | 1.4% |
| Year 3 | £475,856 | £119,606 | +£3,069 | +£3,925 | 2.5% |
| Year 4 | £476,141 | £119,891 | +£4,933 | +£6,074 | 3.8% |
| Year 5 | £476,427 | £120,177 | +£7,232 | +£8,659 | 5.5% |
Modelled on the live asking price. Capital growth 0.06% a year is the CT6 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 (£158,350).
Price Forecast
No forecast available.