8 Fox Road, Dereham, NR19 1BY
Estimate of £259k for this mid terrace house. 237 sales in NR19 in the last 12 months; median £235k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£260,000
- SDLT standard£3,000
- SDLT BTL surcharge (5%)£13,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£278,100
Funding
- Deposit (25%)£65,000
- Mortgage (75% LTV)£195,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£83,100
Monthly Returns
- Monthly Rent (estimate)£1,200
- Mortgage Payment (IO)-£853
- Management (10%)-£120
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£127
Capital Returns
- 5yr Property Value£277,756
- 5yr Capital Gain (1.33% pa, historical)+£17,756
- 5yr Cumulative Rent (net)+£61,450
- Less mortgage interest-£51,180
- 5yr Total Return+£28,026
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 | £263,458 | £68,458 | +£1,524 | +£4,982 | 6.0% |
| Year 2 | £266,962 | £71,962 | +£3,312 | +£10,274 | 12.4% |
| Year 3 | £270,513 | £75,513 | +£5,358 | +£15,870 | 19.1% |
| Year 4 | £274,110 | £79,110 | +£7,679 | +£21,790 | 26.2% |
| Year 5 | £277,756 | £82,756 | +£10,270 | +£28,026 | 33.7% |
Modelled on the live asking price. Capital growth 1.33% a year is the NR19 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 (£83,100).
Price Forecast
No forecast available.