94 Kingsley Road, Bishops Tachbrook, Leamington Spa, CV33 9RY
Estimate of £279k for this semi-detached house. 103 sales in CV33 in the last 12 months; median £410k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£260,000
- SDLT standard£3,000
- SDLT BTL surcharge (5%)£13,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£278,100
Funding
- Deposit (25%)£65,000
- Mortgage (75% LTV)£195,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£83,100
Monthly Returns
- Monthly Rent (estimate)£1,000
- Mortgage Payment (IO)-£853
- Management (10%)-£100
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£53
Capital Returns
- 5yr Property Value£296,181
- 5yr Capital Gain (2.64% pa, historical)+£36,181
- 5yr Cumulative Rent (net)+£50,208
- Less mortgage interest-£51,180
- 5yr Total Return+£35,209
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 | £266,864 | £71,864 | -£636 | +£6,228 | 7.5% |
| Year 2 | £273,909 | £78,909 | -£1,056 | +£12,853 | 15.5% |
| Year 3 | £281,140 | £86,140 | -£1,255 | +£19,885 | 23.9% |
| Year 4 | £288,563 | £93,563 | -£1,229 | +£27,334 | 32.9% |
| Year 5 | £296,181 | £101,181 | -£972 | +£35,209 | 42.4% |
Modelled on the live asking price. Capital growth 2.64% a year is the CV33 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 (£83,100).
Price Forecast
No forecast available.