6 Greenhouse, Beeston Road, Leeds, LS11 6AD
Estimate of £148k for this purpose built flat. 278 sales in LS11 in the last 12 months; median £145k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£130,000
- SDLT standard£100
- SDLT BTL surcharge (5%)£6,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£138,700
Funding
- Deposit (25%)£32,500
- Mortgage (75% LTV)£97,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£41,200
Monthly Returns
- Monthly Rent (estimate)£850
- Mortgage Payment (IO)-£427
- Management (10%)-£85
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£238
Capital Returns
- 5yr Property Value£163,951
- 5yr Capital Gain (4.75% pa, historical)+£33,951
- 5yr Cumulative Rent (net, before lease costs)+£41,777
- Less mortgage interest-£25,620
- 5yr Total Return (before lease costs)+£50,108
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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £136,175 | £38,675 | +£2,856 | +£9,031 | 21.9% |
| Year 2 | £142,643 | £45,143 | +£5,892 | +£18,535 | 45.0% |
| Year 3 | £149,419 | £51,919 | +£9,124 | +£28,543 | 69.3% |
| Year 4 | £156,516 | £59,016 | +£12,544 | +£39,061 | 94.8% |
| Year 5 | £163,951 | £66,451 | +£16,157 | +£50,108 | 121.6% |
Modelled on the live asking price. Capital growth 4.75% a year is the LS11 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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£41,200).
Price Forecast
No forecast available.