53 Turnpike Gate, Wickwar, Wotton-under-Edge, GL12 8ND
Estimate of £567k for this detached house. 125 sales in GL12 in the last 12 months; median £388k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£550,000
- SDLT standard£17,500
- SDLT BTL surcharge (5%)£27,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£597,100
Funding
- Deposit (25%)£137,500
- Mortgage (75% LTV)£412,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£184,600
Monthly Returns
- Monthly Rent (estimate)£1,850
- Mortgage Payment (IO)-£1,805
- Management (10%)-£185
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£240
Capital Returns
- 5yr Property Value£596,017
- 5yr Capital Gain (1.62% pa, historical)+£46,017
- 5yr Cumulative Rent (net)+£97,986
- Less mortgage interest-£108,300
- 5yr Total Return+£35,703
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 | £558,910 | £146,410 | -£2,880 | +£6,030 | 3.3% |
| Year 2 | £567,964 | £155,464 | -£5,364 | +£12,600 | 6.8% |
| Year 3 | £577,165 | £164,665 | -£7,431 | +£19,734 | 10.7% |
| Year 4 | £586,515 | £174,015 | -£9,084 | +£27,431 | 14.9% |
| Year 5 | £596,017 | £183,517 | -£10,314 | +£35,703 | 19.3% |
Modelled on the live asking price. Capital growth 1.62% a year is the GL12 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 (£184,600).
Price Forecast
No forecast available.