99 Windsor Road, Droylsden, Manchester, M43 6WB
Estimate of £219k for this terrace property. 223 sales in M43 in the last 12 months; median £220k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£220,000
- SDLT standard£1,900
- SDLT BTL surcharge (5%)£11,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£235,000
Funding
- Deposit (25%)£55,000
- Mortgage (75% LTV)£165,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£70,000
Monthly Returns
- Monthly Rent (estimate)£1,500
- Mortgage Payment (IO)-£722
- Management (10%)-£150
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£528
Capital Returns
- 5yr Property Value£298,740
- 5yr Capital Gain (6.31% pa, historical)+£78,740
- 5yr Cumulative Rent (net)+£78,313
- Less mortgage interest-£43,320
- 5yr Total Return+£113,733
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 | £233,882 | £68,882 | +£6,336 | +£20,218 | 28.9% |
| Year 2 | £248,640 | £83,640 | +£12,996 | +£41,636 | 59.5% |
| Year 3 | £264,329 | £99,329 | +£19,987 | +£64,316 | 91.9% |
| Year 4 | £281,008 | £116,008 | +£27,317 | +£88,325 | 126.2% |
| Year 5 | £298,740 | £133,740 | +£34,993 | +£113,733 | 162.5% |
Modelled on the live asking price. Capital growth 6.31% a year is the M43 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 (£70,000).
Price Forecast
No forecast available.