7 Pullman House, 11 Tudor Way, Beeston, Leeds, LS11 8LR
Estimate of £119k for this flat/maisonette. 278 sales in LS11 in the last 12 months; median £145k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£115,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£5,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£122,850
Funding
- Deposit (25%)£28,750
- Mortgage (75% LTV)£86,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£36,600
Monthly Returns
- Monthly Rent (estimate)£700
- Mortgage Payment (IO)-£377
- Management (10%)-£70
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£153
Capital Returns
- 5yr Property Value£145,033
- 5yr Capital Gain (4.75% pa, historical)+£30,033
- 5yr Cumulative Rent (net, before lease costs)+£33,346
- Less mortgage interest-£22,620
- 5yr Total Return (before lease costs)+£40,759
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 | £120,463 | £34,213 | +£1,836 | +£7,299 | 19.9% |
| Year 2 | £126,184 | £39,934 | +£3,828 | +£15,012 | 41.0% |
| Year 3 | £132,178 | £45,928 | +£5,967 | +£23,146 | 63.2% |
| Year 4 | £138,457 | £52,207 | +£8,270 | +£31,726 | 86.7% |
| Year 5 | £145,033 | £58,783 | +£10,726 | +£40,759 | 111.4% |
Modelled on the live asking price. Capital growth 4.75% a year is the LS11 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 (£36,600).
Price Forecast
No forecast available.