6 Meadow End, Longhope, GL17 0LU
Estimate of £209k for this semi-detached house. 119 sales in GL17 in the last 12 months; median £270k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£209,950
- SDLT standard£1,699
- SDLT BTL surcharge (5%)£10,498
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£224,247
Funding
- Deposit (25%)£52,488
- Mortgage (75% LTV)£157,462
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£66,784
Monthly Returns
- Monthly Rent (estimate)£900
- Mortgage Payment (IO)-£689
- Management (10%)-£90
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£21
Capital Returns
- 5yr Property Value£218,050
- 5yr Capital Gain (0.76% pa, historical)+£8,100
- 5yr Cumulative Rent (net)+£44,576
- Less mortgage interest-£41,340
- 5yr Total Return+£11,336
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 | £211,546 | £54,083 | +£252 | +£1,848 | 2.8% |
| Year 2 | £213,153 | £55,691 | +£696 | +£3,899 | 5.8% |
| Year 3 | £214,773 | £57,311 | +£1,336 | +£6,160 | 9.2% |
| Year 4 | £216,406 | £58,943 | +£2,177 | +£8,633 | 12.9% |
| Year 5 | £218,050 | £60,588 | +£3,236 | +£11,336 | 17.0% |
Modelled on the live asking price. Capital growth 0.76% a year is the GL17 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 (£66,784).
Price Forecast
No forecast available.