80 Walton Road, Frinton-on-Sea, CO13 0AG
Estimate of £360k 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
- Estimated Value£360,000
- SDLT standard£8,000
- SDLT BTL surcharge (5%)£18,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£388,100
Funding
- Deposit (25%)£90,000
- Mortgage (75% LTV)£270,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£118,100
Monthly Returns
- Monthly Rent (estimate)£1,500
- Mortgage Payment (IO)-£1,181
- Management (10%)-£150
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£69
Capital Returns
- 5yr Property Value£363,433
- 5yr Capital Gain (0.19% pa, historical)+£3,433
- 5yr Cumulative Rent (net)+£78,313
- Less mortgage interest-£70,860
- 5yr Total Return+£10,886
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 | £360,684 | £90,684 | +£828 | +£1,512 | 1.3% |
| Year 2 | £361,369 | £91,369 | +£1,980 | +£3,349 | 2.8% |
| Year 3 | £362,056 | £92,056 | +£3,463 | +£5,519 | 4.7% |
| Year 4 | £362,744 | £92,744 | +£5,285 | +£8,029 | 6.8% |
| Year 5 | £363,433 | £93,433 | +£7,453 | +£10,886 | 9.2% |
Modelled on the estimated value: the property is not on the market. 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 (£118,100).
Price Forecast
No forecast available.