93B Plas Edwards, Tywyn, LL36 0DA
Estimate of £239k for this property. 63 sales in LL36 in the last 12 months; median £180k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£240,000
- SDLT standard£2,300
- SDLT BTL surcharge (5%)£12,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£256,400
Funding
- Deposit (25%)£60,000
- Mortgage (75% LTV)£180,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£76,400
Monthly Returns
- Monthly Rent (estimate)£700
- Mortgage Payment (IO)-£788
- Management (10%)-£70
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)-£258
Capital Returns
- 5yr Property Value£240,000
- 5yr Capital Gain (0.00% pa, historical)+£0
- 5yr Cumulative Rent (net, before lease costs)+£33,346
- Less mortgage interest-£47,280
- 5yr Total Return (before lease costs)-£13,934
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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £240,000 | £60,000 | -£3,096 | -£3,096 | -4.1% |
| Year 2 | £240,000 | £60,000 | -£6,036 | -£6,036 | -7.9% |
| Year 3 | £240,000 | £60,000 | -£8,829 | -£8,829 | -11.6% |
| Year 4 | £240,000 | £60,000 | -£11,458 | -£11,458 | -15.0% |
| Year 5 | £240,000 | £60,000 | -£13,934 | -£13,934 | -18.2% |
Modelled on the live asking price. Capital growth 0.00% a year is the LL36 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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£76,400).
Price Forecast
No forecast available.