9 Brick Kiln Close, Exeter, EX4 8FX
Estimate of £449k for this detached house. 440 sales in EX4 in the last 12 months; median £281k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£450,000
- SDLT standard£12,500
- SDLT BTL surcharge (5%)£22,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£487,100
Funding
- Deposit (25%)£112,500
- Mortgage (75% LTV)£337,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£149,600
Monthly Returns
- Monthly Rent (estimate)£3,050
- Mortgage Payment (IO)-£1,477
- Management (10%)-£305
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£1,168
Capital Returns
- 5yr Property Value£485,495
- 5yr Capital Gain (1.53% pa, historical)+£35,495
- 5yr Cumulative Rent (net)+£165,424
- Less mortgage interest-£88,620
- 5yr Total Return+£112,299
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 | £456,885 | £119,385 | +£14,016 | +£20,901 | 14.0% |
| Year 2 | £463,875 | £126,375 | +£28,692 | +£42,567 | 28.5% |
| Year 3 | £470,973 | £133,473 | +£44,043 | +£65,015 | 43.5% |
| Year 4 | £478,179 | £140,679 | +£60,071 | +£88,249 | 59.0% |
| Year 5 | £485,495 | £147,995 | +£76,804 | +£112,299 | 75.1% |
Modelled on the live asking price. Capital growth 1.53% a year is the EX4 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 (£149,600).
Price Forecast
No forecast available.