Apartment 1, 50 Pearson Park, Hull, HU5 2TR
Estimate of £154k for this flat/maisonette. 645 sales in HU5 in the last 12 months; median £126k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£155,000
- SDLT standard£600
- SDLT BTL surcharge (5%)£7,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£165,450
Funding
- Deposit (25%)£38,750
- Mortgage (75% LTV)£116,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£49,200
Monthly Returns
- Monthly Rent (estimate)£750
- Mortgage Payment (IO)-£509
- Management (10%)-£75
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£66
Capital Returns
- 5yr Property Value£169,795
- 5yr Capital Gain (1.84% pa, historical)+£14,795
- 5yr Cumulative Rent (net, before lease costs)+£36,156
- Less mortgage interest-£30,540
- 5yr Total Return (before lease costs)+£20,411
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 | £157,852 | £41,602 | +£792 | +£3,644 | 7.4% |
| Year 2 | £160,756 | £44,506 | +£1,752 | +£7,508 | 15.3% |
| Year 3 | £163,714 | £47,464 | +£2,872 | +£11,586 | 23.5% |
| Year 4 | £166,727 | £50,477 | +£4,154 | +£15,881 | 32.3% |
| Year 5 | £169,795 | £53,545 | +£5,616 | +£20,411 | 41.5% |
Modelled on the live asking price. Capital growth 1.84% a year is the HU5 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 (£49,200).
Price Forecast
No forecast available.