73 Queens Road, Hull, HU5 2RG
Estimate of £140k for this terrace property. 645 sales in HU5 in the last 12 months; median £126k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£140,000
- SDLT standard£300
- SDLT BTL surcharge (5%)£7,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£149,400
Funding
- Deposit (25%)£35,000
- Mortgage (75% LTV)£105,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£44,400
Monthly Returns
- Monthly Rent (estimate)£900
- Mortgage Payment (IO)-£459
- Management (10%)-£90
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£251
Capital Returns
- 5yr Property Value£153,363
- 5yr Capital Gain (1.84% pa, historical)+£13,363
- 5yr Cumulative Rent (net)+£44,576
- Less mortgage interest-£27,540
- 5yr Total Return+£30,398
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 | £142,576 | £37,576 | +£3,012 | +£5,588 | 12.6% |
| Year 2 | £145,199 | £40,199 | +£6,216 | +£11,415 | 25.7% |
| Year 3 | £147,871 | £42,871 | +£9,616 | +£17,487 | 39.4% |
| Year 4 | £150,592 | £45,592 | +£13,217 | +£23,809 | 53.6% |
| Year 5 | £153,363 | £48,363 | +£17,036 | +£30,398 | 68.5% |
Modelled on the live asking price. Capital growth 1.84% a year is the HU5 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 (£44,400).
Price Forecast
No forecast available.