5 School Plain, Scarning, Dereham, NR19 2PN
Estimate of £199k for this semi-detached house. 237 sales in NR19 in the last 12 months; median £235k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Estimated Value£199,000
- SDLT standard£1,480
- SDLT BTL surcharge (5%)£9,950
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£212,530
Funding
- Deposit (25%)£49,750
- Mortgage (75% LTV)£149,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£63,280
Monthly Returns
- Monthly Rent (estimate)£750
- Mortgage Payment (IO)-£653
- Management (10%)-£75
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£78
Capital Returns
- 5yr Property Value£212,590
- 5yr Capital Gain (1.33% pa, historical)+£13,590
- 5yr Cumulative Rent (net)+£36,156
- Less mortgage interest-£39,180
- 5yr Total Return+£10,567
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 | £201,647 | £52,397 | -£936 | +£1,711 | 2.7% |
| Year 2 | £204,329 | £55,079 | -£1,704 | +£3,625 | 5.7% |
| Year 3 | £207,046 | £57,796 | -£2,312 | +£5,734 | 9.1% |
| Year 4 | £209,800 | £60,550 | -£2,758 | +£8,042 | 12.7% |
| Year 5 | £212,590 | £63,340 | -£3,024 | +£10,567 | 16.7% |
Modelled on the estimated value: the property is not on the market. Capital growth 1.33% a year is the NR19 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 (£63,280).
Price Forecast
No forecast available.