62 Dallin Road, London, SE18 3NU
Estimate of £498k for this mid 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£500,000
- SDLT standard£15,000
- SDLT BTL surcharge (5%)£25,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£542,100
Funding
- Deposit (25%)£125,000
- Mortgage (75% LTV)£375,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£167,100
Monthly Returns
- Monthly Rent (estimate)£2,450
- Mortgage Payment (IO)-£1,641
- Management (10%)-£245
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£464
Capital Returns
- 5yr Property Value£520,839
- 5yr Capital Gain (0.82% pa, historical)+£20,839
- 5yr Cumulative Rent (net)+£131,699
- Less mortgage interest-£98,460
- 5yr Total Return+£54,078
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 | £504,100 | £129,100 | +£5,568 | +£9,668 | 5.8% |
| Year 2 | £508,234 | £133,234 | +£11,664 | +£19,898 | 11.9% |
| Year 3 | £512,401 | £137,401 | +£18,300 | +£30,701 | 18.4% |
| Year 4 | £516,603 | £141,603 | +£25,487 | +£42,090 | 25.2% |
| Year 5 | £520,839 | £145,839 | +£33,239 | +£54,078 | 32.4% |
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 (£167,100).
Price Forecast
No forecast available.