68 Runley Road, Luton, LU1 1UA
Estimate of £345k for this semi-detached house. 336 sales in LU1 in the last 12 months; median £272k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£350,000
- SDLT standard£7,500
- SDLT BTL surcharge (5%)£17,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£377,100
Funding
- Deposit (25%)£87,500
- Mortgage (75% LTV)£262,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£114,600
Monthly Returns
- Monthly Rent (estimate)£1,850
- Mortgage Payment (IO)-£1,148
- Management (10%)-£185
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£417
Capital Returns
- 5yr Property Value£345,820
- 5yr Capital Gain (-0.24% pa, historical)-£4,180
- 5yr Cumulative Rent (net)+£97,986
- Less mortgage interest-£68,880
- 5yr Total Return+£24,926
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 | £349,160 | £86,660 | +£5,004 | +£4,164 | 3.6% |
| Year 2 | £348,322 | £85,822 | +£10,404 | +£8,726 | 7.6% |
| Year 3 | £347,486 | £84,986 | +£16,221 | +£13,707 | 12.0% |
| Year 4 | £346,652 | £84,152 | +£22,452 | +£19,104 | 16.7% |
| Year 5 | £345,820 | £83,320 | +£29,106 | +£24,926 | 21.8% |
Modelled on the live asking price. Capital growth -0.24% a year is the LU1 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 (£114,600).
Price Forecast
No forecast available.