5 Silas Street, Ashton-under-Lyne, OL6 8EU
Estimate of £292k for this detached house. 253 sales in OL6 in the last 12 months; median £178k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£270,000
- SDLT standard£3,500
- SDLT BTL surcharge (5%)£13,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£289,100
Funding
- Deposit (25%)£67,500
- Mortgage (75% LTV)£202,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£86,600
Monthly Returns
- Monthly Rent (estimate)£1,650
- Mortgage Payment (IO)-£886
- Management (10%)-£165
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£499
Capital Returns
- 5yr Property Value£340,838
- 5yr Capital Gain (4.77% pa, historical)+£70,838
- 5yr Cumulative Rent (net, before lease costs)+£86,732
- Less mortgage interest-£53,160
- 5yr Total Return (before lease costs)+£104,410
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 | £282,879 | £80,379 | +£5,988 | +£18,867 | 21.8% |
| Year 2 | £296,372 | £93,872 | +£12,336 | +£38,708 | 44.7% |
| Year 3 | £310,509 | £108,009 | +£19,040 | +£59,549 | 68.8% |
| Year 4 | £325,321 | £122,821 | +£26,120 | +£81,440 | 94.0% |
| Year 5 | £340,838 | £138,338 | +£33,572 | +£104,410 | 120.6% |
Modelled on the live asking price. Capital growth 4.77% a year is the OL6 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 (£86,600).
Price Forecast
No forecast available.