6 Luttrell Gardens, Leeds, LS16 6LY
Estimate of £257k for this semi-detached house. 416 sales in LS16 in the last 12 months; median £330k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£260,000
- SDLT standard£3,000
- SDLT BTL surcharge (5%)£13,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£278,100
Funding
- Deposit (25%)£65,000
- Mortgage (75% LTV)£195,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£83,100
Monthly Returns
- Monthly Rent (estimate)£1,150
- Mortgage Payment (IO)-£853
- Management (10%)-£115
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£82
Capital Returns
- 5yr Property Value£271,913
- 5yr Capital Gain (0.90% pa, historical)+£11,913
- 5yr Cumulative Rent (net)+£58,640
- Less mortgage interest-£51,180
- 5yr Total Return+£19,372
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 | £262,340 | £67,340 | +£984 | +£3,324 | 4.0% |
| Year 2 | £264,701 | £69,701 | +£2,220 | +£6,921 | 8.3% |
| Year 3 | £267,083 | £72,083 | +£3,702 | +£10,785 | 13.0% |
| Year 4 | £269,487 | £74,487 | +£5,446 | +£14,933 | 18.0% |
| Year 5 | £271,913 | £76,913 | +£7,460 | +£19,372 | 23.3% |
Modelled on the live asking price. Capital growth 0.90% a year is the LS16 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 (£83,100).
Price Forecast
No forecast available.