79 Birk Lane, Morley, Leeds, LS27 0ST
Estimate of £381k for this detached house. 501 sales in LS27 in the last 12 months; median £215k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£400,000
- SDLT standard£10,000
- SDLT BTL surcharge (5%)£20,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£432,100
Funding
- Deposit (25%)£100,000
- Mortgage (75% LTV)£300,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£132,100
Monthly Returns
- Monthly Rent (estimate)£1,800
- Mortgage Payment (IO)-£1,312
- Management (10%)-£180
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£208
Capital Returns
- 5yr Property Value£452,563
- 5yr Capital Gain (2.50% pa, historical)+£52,563
- 5yr Cumulative Rent (net)+£95,163
- Less mortgage interest-£78,720
- 5yr Total Return+£69,007
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 | £410,000 | £110,000 | +£2,496 | +£12,496 | 9.5% |
| Year 2 | £420,250 | £120,250 | +£5,376 | +£25,626 | 19.4% |
| Year 3 | £430,756 | £130,756 | +£8,661 | +£39,417 | 29.8% |
| Year 4 | £441,525 | £141,525 | +£12,347 | +£53,872 | 40.8% |
| Year 5 | £452,563 | £152,563 | +£16,443 | +£69,007 | 52.2% |
Modelled on the live asking price. Capital growth 2.50% a year is the LS27 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 (£132,100).
Price Forecast
No forecast available.