79 West Street, Havant, PO9 1LD
Estimate of £365k for this end terrace house. 462 sales in PO9 in the last 12 months; median £290k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£320,000
- SDLT standard£6,000
- SDLT BTL surcharge (5%)£16,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£344,100
Funding
- Deposit (25%)£80,000
- Mortgage (75% LTV)£240,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£104,100
Monthly Returns
- Monthly Rent (estimate)£1,750
- Mortgage Payment (IO)-£1,050
- Management (10%)-£175
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£425
Capital Returns
- 5yr Property Value£339,666
- 5yr Capital Gain (1.20% pa, historical)+£19,666
- 5yr Cumulative Rent (net)+£92,365
- Less mortgage interest-£63,000
- 5yr Total Return+£49,031
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 | £323,840 | £83,840 | +£5,100 | +£8,940 | 8.6% |
| Year 2 | £327,726 | £87,726 | +£10,584 | +£18,310 | 17.6% |
| Year 3 | £331,659 | £91,659 | +£16,448 | +£28,107 | 27.0% |
| Year 4 | £335,639 | £95,639 | +£22,702 | +£38,340 | 36.8% |
| Year 5 | £339,666 | £99,666 | +£29,365 | +£49,031 | 47.1% |
Modelled on the live asking price. Capital growth 1.20% a year is the PO9 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 (£104,100).
Price Forecast
No forecast available.