Recent sale
MURRAYS MILLS, 50 BENGAL STREET
£575k
Sale price
£/sqft
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Rent pcm
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Yield
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Estimate of £230k for converted flats in Manchester. 366 transactions in the last 12 months; median £248k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £229,563 | £57,063 | +£3,192 | +£2,755 | 2.7% |
| Year 2 | £229,127 | £56,627 | +£6,384 | +£5,511 | 5.4% |
| Year 3 | £228,691 | £56,191 | +£9,576 | +£8,267 | 8.1% |
| Year 4 | £228,257 | £55,757 | +£12,768 | +£11,025 | 10.8% |
| Year 5 | £227,823 | £55,323 | +£15,960 | +£13,783 | 13.5% |
Assumes -0.19% pa capital growth (API forecast), 3.0% rental growth, 5.25% IO mortgage held for 5 years, light refurb completed year 0. ROI is on total cash invested (£102,200).
No forecast available.