99 Arundel Street, Ashton-under-Lyne, OL6 6RH
Estimate of £350k for this semi-detached house. 253 sales in OL6 in the last 12 months; median £178k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£350,000
- SDLT standard£7,500
- SDLT BTL surcharge (5%)£17,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£377,100
Funding
- Deposit (25%)£87,500
- Mortgage (75% LTV)£262,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£114,600
Monthly Returns
- Monthly Rent (estimate)£2,300
- Mortgage Payment (IO)-£1,148
- Management (10%)-£230
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£822
Capital Returns
- 5yr Property Value£441,828
- 5yr Capital Gain (4.77% pa, historical)+£91,828
- 5yr Cumulative Rent (net)+£123,268
- Less mortgage interest-£68,880
- 5yr Total Return+£146,215
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 | £366,695 | £104,195 | +£9,864 | +£26,559 | 23.2% |
| Year 2 | £384,186 | £121,686 | +£20,220 | +£54,406 | 47.5% |
| Year 3 | £402,512 | £140,012 | +£31,091 | +£83,603 | 73.0% |
| Year 4 | £421,712 | £159,212 | +£42,476 | +£114,188 | 99.6% |
| Year 5 | £441,828 | £179,328 | +£54,388 | +£146,215 | 127.6% |
Modelled on the live asking price. Capital growth 4.77% a year is the OL6 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 (£114,600).
Price Forecast
No forecast available.