91 Mytholmes Lane, Haworth, Keighley, BD22 8EZ
Estimate of £423k for this detached house. 392 sales in BD22 in the last 12 months; median £189k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£500,000
- SDLT standard£15,000
- SDLT BTL surcharge (5%)£25,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£542,100
Funding
- Deposit (25%)£125,000
- Mortgage (75% LTV)£375,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£167,100
Monthly Returns
- Monthly Rent (estimate)£1,500
- Mortgage Payment (IO)-£1,641
- Management (10%)-£150
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£391
Capital Returns
- 5yr Property Value£588,982
- 5yr Capital Gain (3.33% pa, historical)+£88,982
- 5yr Cumulative Rent (net)+£78,313
- Less mortgage interest-£98,460
- 5yr Total Return+£68,835
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 | £516,650 | £141,650 | -£4,692 | +£11,958 | 7.2% |
| Year 2 | £533,854 | £158,854 | -£9,060 | +£24,794 | 14.8% |
| Year 3 | £551,632 | £176,632 | -£13,097 | +£38,535 | 23.1% |
| Year 4 | £570,001 | £195,001 | -£16,795 | +£53,206 | 31.8% |
| Year 5 | £588,982 | £213,982 | -£20,147 | +£68,835 | 41.2% |
Modelled on the live asking price. Capital growth 3.33% a year is the BD22 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 (£167,100).
Price Forecast
No forecast available.