5 Weetwood Park Court, Weetwood Park Drive, Leeds, LS16 5AD
Estimate of £254k for this purpose built flat. 416 sales in LS16 in the last 12 months; median £330k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£235,000
- SDLT standard£2,200
- SDLT BTL surcharge (5%)£11,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£251,050
Funding
- Deposit (25%)£58,750
- Mortgage (75% LTV)£176,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£74,800
Monthly Returns
- Monthly Rent (estimate)£1,500
- Mortgage Payment (IO)-£771
- Management (10%)-£150
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£479
Capital Returns
- 5yr Property Value£245,767
- 5yr Capital Gain (0.90% pa, historical)+£10,767
- 5yr Cumulative Rent (net, before lease costs)+£78,313
- Less mortgage interest-£46,260
- 5yr Total Return (before lease costs)+£42,820
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 | £237,115 | £60,865 | +£5,748 | +£7,863 | 10.5% |
| Year 2 | £239,249 | £62,999 | +£11,820 | +£16,069 | 21.5% |
| Year 3 | £241,402 | £65,152 | +£18,223 | +£24,625 | 32.9% |
| Year 4 | £243,575 | £67,325 | +£24,965 | +£33,540 | 44.8% |
| Year 5 | £245,767 | £69,517 | +£32,053 | +£42,820 | 57.2% |
Modelled on the live asking price. Capital growth 0.90% a year is the LS16 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 (£74,800).
Price Forecast
No forecast available.