79 St Heliers Road, Blackpool, FY1 6JD
Estimate of £104k for this mid terrace house. 415 sales in FY1 in the last 12 months; median £97k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£105,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£5,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£112,350
Funding
- Deposit (25%)£26,250
- Mortgage (75% LTV)£78,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£33,600
Monthly Returns
- Monthly Rent (estimate)£800
- Mortgage Payment (IO)-£345
- Management (10%)-£80
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£275
Capital Returns
- 5yr Property Value£113,171
- 5yr Capital Gain (1.51% pa, historical)+£8,171
- 5yr Cumulative Rent (net)+£38,955
- Less mortgage interest-£20,700
- 5yr Total Return+£26,425
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 | £106,585 | £27,835 | +£3,300 | +£4,885 | 14.5% |
| Year 2 | £108,195 | £29,445 | +£6,768 | +£9,963 | 29.7% |
| Year 3 | £109,829 | £31,079 | +£10,420 | +£15,249 | 45.4% |
| Year 4 | £111,487 | £32,737 | +£14,247 | +£20,735 | 61.7% |
| Year 5 | £113,171 | £34,421 | +£18,255 | +£26,425 | 78.6% |
Modelled on the live asking price. Capital growth 1.51% a year is the FY1 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 (£33,600).
Price Forecast
No forecast available.