Recent sale
26 ALGER MEWS
£260k
Sale price
£/sqft
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Rent pcm
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Yield
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Estimate of £262k for mid terrace houses in Ashton-under-Lyne. 244 transactions in the last 12 months; median £180k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £276,698 | £80,198 | +£6,600 | +£21,298 | 18.5% |
| Year 2 | £292,221 | £95,721 | +£13,200 | +£43,421 | 37.7% |
| Year 3 | £308,615 | £112,115 | +£19,800 | +£66,415 | 57.7% |
| Year 4 | £325,928 | £129,428 | +£26,400 | +£90,328 | 78.5% |
| Year 5 | £344,212 | £147,712 | +£33,000 | +£115,212 | 100.1% |
Assumes 5.61% 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 (£115,040).
No forecast available.