91 Portland Place, Sutton, Retford, DN22 8QB
Estimate of £253k for this detached bungalow. 410 sales in DN22 in the last 12 months; median £205k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£250,000
- SDLT standard£2,500
- SDLT BTL surcharge (5%)£12,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£267,100
Funding
- Deposit (25%)£62,500
- Mortgage (75% LTV)£187,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£79,600
Monthly Returns
- Monthly Rent (estimate)£1,050
- Mortgage Payment (IO)-£820
- Management (10%)-£105
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£25
Capital Returns
- 5yr Property Value£269,719
- 5yr Capital Gain (1.53% pa, historical)+£19,719
- 5yr Cumulative Rent (net)+£53,019
- Less mortgage interest-£49,200
- 5yr Total Return+£23,538
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 | £253,825 | £66,325 | +£300 | +£4,125 | 5.2% |
| Year 2 | £257,709 | £70,209 | +£828 | +£8,537 | 10.7% |
| Year 3 | £261,651 | £74,151 | +£1,589 | +£13,241 | 16.6% |
| Year 4 | £265,655 | £78,155 | +£2,588 | +£18,243 | 22.9% |
| Year 5 | £269,719 | £82,219 | +£3,819 | +£23,538 | 29.6% |
Modelled on the live asking price. Capital growth 1.53% a year is the DN22 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 (£79,600).
Price Forecast
No forecast available.