50 Wellington Road, Edgbaston, Birmingham, B15 2EP
Estimate of £2.87M for this detached house. 101 sales in B15 in the last 12 months; median £242k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£2,875,000
- SDLT standard£258,750
- SDLT BTL surcharge (5%)£143,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£3,279,600
Funding
- Deposit (25%)£718,750
- Mortgage (75% LTV)£2,156,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£1,123,350
Monthly Returns
- Monthly Rent (estimate)£10,300
- Mortgage Payment (IO)-£9,434
- Management (10%)-£1,030
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£264
Capital Returns
- 5yr Property Value£2,399,656
- 5yr Capital Gain (-3.55% pa, historical)-£475,344
- 5yr Cumulative Rent (net)+£572,887
- Less mortgage interest-£566,040
- 5yr Total Return-£468,497
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 | £2,772,938 | £616,688 | -£3,168 | -£105,230 | -9.4% |
| Year 2 | £2,674,498 | £518,248 | -£4,116 | -£204,618 | -18.2% |
| Year 3 | £2,579,554 | £423,304 | -£2,795 | -£298,241 | -26.5% |
| Year 4 | £2,487,979 | £331,729 | +£847 | -£386,174 | -34.4% |
| Year 5 | £2,399,656 | £243,406 | +£6,847 | -£468,497 | -41.7% |
Modelled on the live asking price. Capital growth -3.55% a year is the B15 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 (£1,123,350).
Price Forecast
No forecast available.