9 Bagthorpe Road, Bircham Newton, King's Lynn, PE31 6XB
Estimate of £362k for this semi-detached house. 257 sales in PE31 in the last 12 months; median £325k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£365,000
- SDLT standard£8,250
- SDLT BTL surcharge (5%)£18,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£393,600
Funding
- Deposit (25%)£91,250
- Mortgage (75% LTV)£273,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£119,850
Monthly Returns
- Monthly Rent (estimate)£1,700
- Mortgage Payment (IO)-£1,198
- Management (10%)-£170
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£232
Capital Returns
- 5yr Property Value£382,670
- 5yr Capital Gain (0.95% pa, historical)+£17,670
- 5yr Cumulative Rent (net)+£89,554
- Less mortgage interest-£71,880
- 5yr Total Return+£35,344
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 | £368,468 | £94,718 | +£2,784 | +£6,252 | 5.2% |
| Year 2 | £371,968 | £98,218 | +£5,940 | +£12,908 | 10.8% |
| Year 3 | £375,502 | £101,752 | +£9,464 | +£19,966 | 16.7% |
| Year 4 | £379,069 | £105,319 | +£13,377 | +£27,446 | 22.9% |
| Year 5 | £382,670 | £108,920 | +£17,674 | +£35,344 | 29.5% |
Modelled on the live asking price. Capital growth 0.95% a year is the PE31 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 (£119,850).
Price Forecast
No forecast available.