8 Audley Way, Frinton-on-Sea, CO13 9PG
Estimate of £544k for this detached bungalow. 211 sales in CO13 in the last 12 months; median £318k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£625,000
- SDLT standard£21,250
- SDLT BTL surcharge (5%)£31,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£679,600
Funding
- Deposit (25%)£156,250
- Mortgage (75% LTV)£468,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£210,850
Monthly Returns
- Monthly Rent (estimate)£2,250
- Mortgage Payment (IO)-£2,051
- Management (10%)-£225
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£126
Capital Returns
- 5yr Property Value£630,960
- 5yr Capital Gain (0.19% pa, historical)+£5,960
- 5yr Cumulative Rent (net)+£120,445
- Less mortgage interest-£123,060
- 5yr Total Return+£3,345
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 | £626,188 | £157,438 | -£1,512 | -£324 | -0.2% |
| Year 2 | £627,377 | £158,627 | -£2,544 | -£167 | -0.1% |
| Year 3 | £628,569 | £159,819 | -£3,073 | +£496 | 0.2% |
| Year 4 | £629,764 | £161,014 | -£3,101 | +£1,663 | 0.8% |
| Year 5 | £630,960 | £162,210 | -£2,615 | +£3,345 | 1.6% |
Modelled on the live asking price. Capital growth 0.19% a year is the CO13 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 (£210,850).
Price Forecast
No forecast available.