Apartment 3, The Linx Building, 25 Simpson Street, Manchester, M4 4AS

UPRN:10023046984Flat/Maisonette2 bedsBuilt 2003-2006

LeaseholdCouncil Tax: -EPC: C (79)

Data freshness:Listing· freshPlanning· 4mo agoEPC· 5mo agoRisk· 2y agoAmenities· 1mo agoArea· Census 2021

Valuation estimateUpdated yesterday

£245,000

Estimated value

Range: £196k - £294k|Last sold: £166k (2004-12-13)

Estimate of £245k for this flat/maisonette. 289 sales in M4 in the last 12 months; median £228k.

Estimate confidence

Low confidence

Value History

Monthly AVM sale-value estimate

Current estimate

£245k

£196k - £294k - Low confidence

Annualised (CAGR)

+0.46%

Over the full window

Peak estimate

£272k

Jul 2024

From peak

-9.93%

Drawdown from peak

AVM estimate (model)Repeat-sales index - M4 district (quarterly)index YoY -18.04%

Growth by window

-2.39%

+6.06%

12m

-0.81%

24m

-5.77%

60m

+1.24%

Rental Market

Monthly

Estimated rent (pcm)

£1,450

/ month

Gross yield

10.24%

Rent ÷ asking price

Net yield

7.10%

Assumes ~31% running costs (not this property's)

Vacancy trend

12-month change

Market Metrics

6 live signals

Median Area Price

£228k

M4 sales, last 12 months

12m Price Growth

-1.3%

M4 median, Land Registry

Days on Market

149d

M4 average

Sales & Yield

3 metrics

Transactions / 12m

289

M4 sales

Area Gross Yield

6.45%

M4 medians

Last Sold

£166k

2004-12-13

Investment Analysis

Buy-to-let cashflow + capital returns

25% deposit · IO

Purchase

Asking Price£169,950
SDLT standard£899
SDLT BTL surcharge (5%)£8,498
Legal, survey + broker (assumed)£2,100
RefurbishmentNot costed
Total Cost (excl. refurb)£181,447

Funding

Deposit (25%)£42,488
Mortgage (75% LTV)£127,462
Interest Rate (assumed)5.25%
Mortgage TypeInterest Only
Cash Required£53,984

Monthly Returns

Monthly Rent (estimate)£1,450
Mortgage Payment (IO)-£558
Management (10%)-£145
Insurance (assumed)-£40
Maintenance (assumed)-£60
Monthly Cashflow, before lease costs (not stated)+£647

Capital Returns

5yr Property Value£149,282
5yr Capital Gain (-2.56% pa, historical)-£20,668
5yr Cumulative Rent (net, before lease costs)+£75,490
Less mortgage interest-£33,480
5yr Total Return (before lease costs)+£21,342

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

BTL · Interest Only

Year	Property Value	Equity	Cashflow (cumulative)	Total Return	ROI
Year 1	£165,599	£38,137	+£7,764	+£3,413	6.3%
Year 2	£161,360	£33,897	+£15,840	+£7,250	13.4%
Year 3	£157,229	£29,767	+£24,235	+£11,514	21.3%
Year 4	£153,204	£25,742	+£32,956	+£16,210	30.0%
Year 5	£149,282	£21,820	+£42,010	+£21,342	39.5%

Modelled on the live asking price. Capital growth -2.56% a year is the M4 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 (£53,984).

Price Forecast

No forecast available.

Demand & Supply

Median earnings (local authority)

Signal

1,859

Population

Signal

2.6%

Households Deprived

Upside Opportunities

0 levers