8 Gwel-Tek, Phillack, Hayle, TR27 4QN
Estimate of £377k for this detached bungalow. 184 sales in TR27 in the last 12 months; median £283k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£400,000
- SDLT standard£10,000
- SDLT BTL surcharge (5%)£20,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£432,100
Funding
- Deposit (25%)£100,000
- Mortgage (75% LTV)£300,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£132,100
Monthly Returns
- Monthly Rent (estimate)£1,450
- Mortgage Payment (IO)-£1,312
- Management (10%)-£145
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£107
Capital Returns
- 5yr Property Value£411,735
- 5yr Capital Gain (0.58% pa, historical)+£11,735
- 5yr Cumulative Rent (net)+£75,490
- Less mortgage interest-£78,720
- 5yr Total Return+£8,506
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 | £402,320 | £102,320 | -£1,284 | +£1,036 | 0.8% |
| Year 2 | £404,653 | £104,653 | -£2,256 | +£2,397 | 1.8% |
| Year 3 | £407,000 | £107,000 | -£2,909 | +£4,091 | 3.1% |
| Year 4 | £409,361 | £109,361 | -£3,236 | +£6,125 | 4.6% |
| Year 5 | £411,735 | £111,735 | -£3,230 | +£8,506 | 6.4% |
Modelled on the live asking price. Capital growth 0.58% a year is the TR27 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 (£132,100).
Price Forecast
No forecast available.