79 Properties 78 to 81 Lancastrian Way, Lancastrian Way, Worksop, S81 0SW
Estimate of £107k for this semi-detached house. 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
- Estimated Value£107,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£5,350
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£114,450
Funding
- Deposit (25%)£26,750
- Mortgage (75% LTV)£80,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£34,200
Monthly Returns
- Monthly Rent (estimate)£550
- Mortgage Payment (IO)-£351
- Management (10%)-£55
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£44
Capital Returns
- 5yr Property Value£118,601
- 5yr Capital Gain (2.08% pa, historical)+£11,601
- 5yr Cumulative Rent (net)+£24,915
- Less mortgage interest-£21,060
- 5yr Total Return+£15,455
Modelled on the estimated value: the property is not on the market. 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 | £109,226 | £28,976 | +£528 | +£2,754 | 8.1% |
| Year 2 | £111,497 | £31,247 | +£1,176 | +£5,673 | 16.6% |
| Year 3 | £113,817 | £33,567 | +£1,947 | +£8,763 | 25.6% |
| Year 4 | £116,184 | £35,934 | +£2,843 | +£12,027 | 35.2% |
| Year 5 | £118,601 | £38,351 | +£3,855 | +£15,455 | 45.2% |
Modelled on the estimated value: the property is not on the market. 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. ROI is on cash required (£34,200).
Price Forecast
No forecast available.