53 Pine Avenue, Gravesend, DA12 1QY
Estimate of £643k for this bungalow property. 389 sales in DA12 in the last 12 months; median £335k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£650,000
- SDLT standard£22,500
- SDLT BTL surcharge (5%)£32,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£707,100
Funding
- Deposit (25%)£162,500
- Mortgage (75% LTV)£487,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£219,600
Monthly Returns
- Monthly Rent (estimate)£2,750
- Mortgage Payment (IO)-£2,133
- Management (10%)-£275
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£242
Capital Returns
- 5yr Property Value£718,709
- 5yr Capital Gain (2.03% pa, historical)+£68,709
- 5yr Cumulative Rent (net)+£148,561
- Less mortgage interest-£127,980
- 5yr Total Return+£89,290
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 | £663,195 | £175,695 | +£2,904 | +£16,099 | 7.3% |
| Year 2 | £676,658 | £189,158 | +£6,408 | +£33,066 | 15.1% |
| Year 3 | £690,394 | £202,894 | +£10,513 | +£50,907 | 23.2% |
| Year 4 | £704,409 | £216,909 | +£15,233 | +£69,642 | 31.7% |
| Year 5 | £718,709 | £231,209 | +£20,581 | +£89,290 | 40.7% |
Modelled on the live asking price. Capital growth 2.03% a year is the DA12 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 (£219,600).
Price Forecast
No forecast available.