9 Hallgarth Terrace, Ferryhill, DL17 8HZ
Estimate of £58k for this mid terrace house. 251 sales in DL17 in the last 12 months; median £84k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£39,999
- SDLT standard£0
- SDLT BTL surcharge (5%)£0
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£42,099
Funding
- Deposit (25%)£10,000
- Mortgage (75% LTV)£29,999
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£12,100
Monthly Returns
- Monthly Rent (estimate)£500
- Mortgage Payment (IO)-£131
- Management (10%)-£50
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£219
Capital Returns
- 5yr Property Value£57,933
- 5yr Capital Gain (7.69% pa, historical)+£17,934
- 5yr Cumulative Rent (net)+£22,104
- Less mortgage interest-£7,860
- 5yr Total Return+£32,178
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 | £43,075 | £13,076 | +£2,628 | +£5,704 | 47.1% |
| Year 2 | £46,387 | £16,388 | +£5,364 | +£11,752 | 97.1% |
| Year 3 | £49,955 | £19,955 | +£8,210 | +£18,166 | 150.1% |
| Year 4 | £53,796 | £23,797 | +£11,170 | +£24,967 | 206.3% |
| Year 5 | £57,933 | £27,934 | +£14,244 | +£32,178 | 265.9% |
Modelled on the live asking price. Capital growth 7.69% a year is the DL17 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 (£12,100).
Price Forecast
No forecast available.