6 Slater Close, London, SE18 6SQ
Estimate of £441k for this end terrace house. 469 sales in SE18 in the last 12 months; median £410k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£650,000
- SDLT standard£22,500
- SDLT BTL surcharge (5%)£32,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£707,100
Funding
- Deposit (25%)£162,500
- Mortgage (75% LTV)£487,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£219,600
Monthly Returns
- Monthly Rent (estimate)£2,150
- Mortgage Payment (IO)-£2,133
- Management (10%)-£215
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£298
Capital Returns
- 5yr Property Value£677,091
- 5yr Capital Gain (0.82% pa, historical)+£27,091
- 5yr Cumulative Rent (net)+£114,836
- Less mortgage interest-£127,980
- 5yr Total Return+£13,947
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 | £655,330 | £167,830 | -£3,576 | +£1,754 | 0.8% |
| Year 2 | £660,704 | £173,204 | -£6,684 | +£4,020 | 1.8% |
| Year 3 | £666,121 | £178,621 | -£9,326 | +£6,796 | 3.1% |
| Year 4 | £671,584 | £184,084 | -£11,479 | +£10,105 | 4.6% |
| Year 5 | £677,091 | £189,591 | -£13,144 | +£13,947 | 6.4% |
Modelled on the live asking price. Capital growth 0.82% a year is the SE18 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 (£219,600).
Price Forecast
No forecast available.