57 Manchester Road, Swinton, Manchester, M27 5FX
Estimate of £255k for this semi-detached house. 449 sales in M27 in the last 12 months; median £222k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£250,000
- SDLT standard£2,500
- SDLT BTL surcharge (5%)£12,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£267,100
Funding
- Deposit (25%)£62,500
- Mortgage (75% LTV)£187,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£79,600
Monthly Returns
- Monthly Rent (estimate)£1,700
- Mortgage Payment (IO)-£820
- Management (10%)-£170
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£610
Capital Returns
- 5yr Property Value£295,204
- 5yr Capital Gain (3.38% pa, historical)+£45,204
- 5yr Cumulative Rent (net)+£89,554
- Less mortgage interest-£49,200
- 5yr Total Return+£85,559
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 | £258,450 | £70,950 | +£7,320 | +£15,770 | 19.8% |
| Year 2 | £267,186 | £79,686 | +£15,012 | +£32,198 | 40.4% |
| Year 3 | £276,216 | £88,716 | +£23,072 | +£49,289 | 61.9% |
| Year 4 | £285,553 | £98,053 | +£31,521 | +£67,073 | 84.3% |
| Year 5 | £295,204 | £107,704 | +£40,354 | +£85,559 | 107.5% |
Modelled on the live asking price. Capital growth 3.38% a year is the M27 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 (£79,600).
Price Forecast
No forecast available.