6 Hawcoat Lane, Barrow-in-Furness, LA14 4HE
Estimate of £299k for this semi-detached house. 560 sales in LA14 in the last 12 months; median £130k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£299,000
- SDLT standard£4,950
- SDLT BTL surcharge (5%)£14,950
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£321,000
Funding
- Deposit (25%)£74,750
- Mortgage (75% LTV)£224,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£96,750
Monthly Returns
- Monthly Rent (estimate)£1,350
- Mortgage Payment (IO)-£981
- Management (10%)-£135
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£134
Capital Returns
- 5yr Property Value£323,857
- 5yr Capital Gain (1.61% pa, historical)+£24,857
- 5yr Cumulative Rent (net)+£69,881
- Less mortgage interest-£58,860
- 5yr Total Return+£35,879
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 | £303,814 | £79,564 | +£1,608 | +£6,422 | 6.6% |
| Year 2 | £308,705 | £84,455 | +£3,504 | +£13,209 | 13.7% |
| Year 3 | £313,675 | £89,425 | +£5,706 | +£20,382 | 21.1% |
| Year 4 | £318,726 | £94,476 | +£8,210 | +£27,936 | 28.9% |
| Year 5 | £323,857 | £99,607 | +£11,021 | +£35,879 | 37.1% |
Modelled on the live asking price. Capital growth 1.61% a year is the LA14 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 (£96,750).
Price Forecast
No forecast available.