Recent sale
19 RIDING CLOSE
£430k
Sale price
£/sqft
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Rent pcm
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Yield
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Estimate of £376k for detached houses in Manchester. 280 transactions in the last 12 months; median £234k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £392,694 | £110,694 | -£228 | +£16,466 | 10.1% |
| Year 2 | £410,130 | £128,130 | -£456 | +£33,674 | 20.7% |
| Year 3 | £428,340 | £146,340 | -£684 | +£51,656 | 31.7% |
| Year 4 | £447,358 | £165,358 | -£912 | +£70,446 | 43.2% |
| Year 5 | £467,221 | £185,221 | -£1,140 | +£90,081 | 55.3% |
Assumes 4.44% 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 (£162,920).
No forecast available.