7 Masefield Place, Worksop, S81 0HB
Estimate of £172k for this property. 416 sales in S81 in the last 12 months; median £222k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£180,000
- SDLT standard£1,100
- SDLT BTL surcharge (5%)£9,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£192,200
Funding
- Deposit (25%)£45,000
- Mortgage (75% LTV)£135,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£57,200
Monthly Returns
- Monthly Rent (estimate)£900
- Mortgage Payment (IO)-£591
- Management (10%)-£90
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£119
Capital Returns
- 5yr Property Value£199,515
- 5yr Capital Gain (2.08% pa, historical)+£19,515
- 5yr Cumulative Rent (net, before lease costs)+£44,576
- Less mortgage interest-£35,460
- 5yr Total Return (before lease costs)+£28,631
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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £183,744 | £48,744 | +£1,428 | +£5,172 | 9.0% |
| Year 2 | £187,566 | £52,566 | +£3,048 | +£10,614 | 18.6% |
| Year 3 | £191,467 | £56,467 | +£4,864 | +£16,332 | 28.6% |
| Year 4 | £195,450 | £60,450 | +£6,881 | +£22,331 | 39.0% |
| Year 5 | £199,515 | £64,515 | +£9,116 | +£28,631 | 50.1% |
Modelled on the live asking price. Capital growth 2.08% a year is the S81 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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£57,200).
Price Forecast
No forecast available.