8 Properties 2 to 20, Eagle Place, Retford, DN22 6QZ
Estimate of £128k for this semi-detached house. 410 sales in DN22 in the last 12 months; median £205k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Estimated Value£128,000
- SDLT standard£60
- SDLT BTL surcharge (5%)£6,400
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£136,560
Funding
- Deposit (25%)£32,000
- Mortgage (75% LTV)£96,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£40,560
Monthly Returns
- Monthly Rent (estimate)£650
- Mortgage Payment (IO)-£420
- Management (10%)-£65
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£65
Capital Returns
- 5yr Property Value£138,096
- 5yr Capital Gain (1.53% pa, historical)+£10,096
- 5yr Cumulative Rent (net)+£30,536
- Less mortgage interest-£25,200
- 5yr Total Return+£15,432
Modelled on the estimated value: the property is not on the market. 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 | £129,958 | £33,958 | +£780 | +£2,738 | 6.8% |
| Year 2 | £131,947 | £35,947 | +£1,704 | +£5,651 | 13.9% |
| Year 3 | £133,966 | £37,966 | +£2,763 | +£8,729 | 21.5% |
| Year 4 | £136,015 | £40,015 | +£3,973 | +£11,988 | 29.6% |
| Year 5 | £138,096 | £42,096 | +£5,336 | +£15,432 | 38.0% |
Modelled on the estimated value: the property is not on the market. Capital growth 1.53% a year is the DN22 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 (£40,560).
Price Forecast
No forecast available.