7 Brierley Gardens, Lancing, BN15 9EF
Estimate of £325k for this terrace property. 312 sales in BN15 in the last 12 months; median £355k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£325,000
- SDLT standard£6,250
- SDLT BTL surcharge (5%)£16,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£349,600
Funding
- Deposit (25%)£81,250
- Mortgage (75% LTV)£243,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£105,850
Monthly Returns
- Monthly Rent (estimate)£1,400
- Mortgage Payment (IO)-£1,066
- Management (10%)-£140
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£94
Capital Returns
- 5yr Property Value£372,214
- 5yr Capital Gain (2.75% pa, historical)+£47,214
- 5yr Cumulative Rent (net)+£72,668
- Less mortgage interest-£63,960
- 5yr Total Return+£55,922
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 | £333,938 | £90,188 | +£1,128 | +£10,066 | 9.5% |
| Year 2 | £343,121 | £99,371 | +£2,556 | +£20,677 | 19.5% |
| Year 3 | £352,557 | £108,807 | +£4,291 | +£31,847 | 30.1% |
| Year 4 | £362,252 | £118,502 | +£6,339 | +£43,591 | 41.2% |
| Year 5 | £372,214 | £128,464 | +£8,708 | +£55,922 | 52.8% |
Modelled on the live asking price. Capital growth 2.75% a year is the BN15 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 (£105,850).
Price Forecast
No forecast available.