9 Ingleborough Drive, Harrogate, HG3 2BP
Estimate of £275k for this end terrace house. 327 sales in HG3 in the last 12 months; median £367k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£549,950
- SDLT standard£17,498
- SDLT BTL surcharge (5%)£27,498
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£597,046
Funding
- Deposit (25%)£137,488
- Mortgage (75% LTV)£412,462
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£184,584
Monthly Returns
- Monthly Rent (estimate)£1,200
- Mortgage Payment (IO)-£1,805
- Management (10%)-£120
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£825
Capital Returns
- 5yr Property Value£514,338
- 5yr Capital Gain (-1.33% pa, historical)-£35,612
- 5yr Cumulative Rent (net)+£61,450
- Less mortgage interest-£108,300
- 5yr Total Return-£82,462
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 | £542,636 | £130,173 | -£9,900 | -£17,214 | -9.3% |
| Year 2 | £535,419 | £122,956 | -£19,536 | -£34,067 | -18.5% |
| Year 3 | £528,298 | £115,835 | -£28,914 | -£50,567 | -27.4% |
| Year 4 | £521,271 | £108,809 | -£38,017 | -£66,696 | -36.1% |
| Year 5 | £514,338 | £101,876 | -£46,850 | -£82,462 | -44.7% |
Modelled on the live asking price. Capital growth -1.33% a year is the HG3 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 (£184,584).
Price Forecast
No forecast available.