8 Hudson Street, Ferryhill, DL17 8LZ
Estimate of £90k for this terrace property. 251 sales in DL17 in the last 12 months; median £84k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£93,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£4,650
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£99,750
Funding
- Deposit (25%)£23,250
- Mortgage (75% LTV)£69,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£30,000
Monthly Returns
- Monthly Rent (estimate)£750
- Mortgage Payment (IO)-£305
- Management (10%)-£75
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£270
Capital Returns
- 5yr Property Value£134,698
- 5yr Capital Gain (7.69% pa, historical)+£41,698
- 5yr Cumulative Rent (net)+£36,156
- Less mortgage interest-£18,300
- 5yr Total Return+£59,554
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 | £100,152 | £30,402 | +£3,240 | +£10,392 | 34.6% |
| Year 2 | £107,853 | £38,103 | +£6,648 | +£21,501 | 71.7% |
| Year 3 | £116,147 | £46,397 | +£10,216 | +£33,363 | 111.2% |
| Year 4 | £125,079 | £55,329 | +£13,946 | +£46,025 | 153.4% |
| Year 5 | £134,698 | £64,948 | +£17,856 | +£59,554 | 198.5% |
Modelled on the live asking price. Capital growth 7.69% a year is the DL17 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 (£30,000).
Price Forecast
No forecast available.