9 Appleby Grove, Hartlepool, TS24 8ND
Estimate of £115k for this property. 219 sales in TS24 in the last 12 months; median £86k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£125,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£6,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£133,350
Funding
- Deposit (25%)£31,250
- Mortgage (75% LTV)£93,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£39,600
Monthly Returns
- Monthly Rent (estimate)£800
- Mortgage Payment (IO)-£410
- Management (10%)-£80
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£210
Capital Returns
- 5yr Property Value£129,501
- 5yr Capital Gain (0.71% pa, historical)+£4,501
- 5yr Cumulative Rent (net, before lease costs)+£38,955
- Less mortgage interest-£24,600
- 5yr Total Return (before lease costs)+£18,856
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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £125,888 | £32,138 | +£2,520 | +£3,408 | 8.6% |
| Year 2 | £126,781 | £33,031 | +£5,208 | +£6,989 | 17.6% |
| Year 3 | £127,681 | £33,931 | +£8,080 | +£10,761 | 27.2% |
| Year 4 | £128,588 | £34,838 | +£11,127 | +£14,715 | 37.2% |
| Year 5 | £129,501 | £35,751 | +£14,355 | +£18,856 | 47.6% |
Modelled on the live asking price. Capital growth 0.71% a year is the TS24 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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£39,600).
Price Forecast
No forecast available.