Recent sale
MURRAYS MILLS, 50 BENGAL STREET
£270k
Sale price
£/sqft
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Rent pcm
-
Yield
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Estimate of £513k for flat/maisonettes in Manchester. 366 transactions in the last 12 months; median £248k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £512,025 | £127,275 | +£8,124 | +£7,149 | 3.2% |
| Year 2 | £511,052 | £126,302 | +£16,248 | +£14,300 | 6.5% |
| Year 3 | £510,081 | £125,331 | +£24,372 | +£21,453 | 9.7% |
| Year 4 | £509,112 | £124,362 | +£32,496 | +£28,608 | 13.0% |
| Year 5 | £508,145 | £123,395 | +£40,620 | +£35,765 | 16.2% |
Assumes -0.19% pa capital growth (API forecast), 3.0% rental growth, 5.25% IO mortgage held for 5 years, light refurb completed year 0. ROI is on total cash invested (£220,460).
No forecast available.