Apartment 42, Leylands House, 56 Mabgate, Leeds, LS9 7EA
Estimate of £182k for this flat/maisonette. 325 sales in LS9 in the last 12 months; median £137k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£175,000
- SDLT standard£1,000
- SDLT BTL surcharge (5%)£8,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£186,850
Funding
- Deposit (25%)£43,750
- Mortgage (75% LTV)£131,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£55,600
Monthly Returns
- Monthly Rent (estimate)£1,050
- Mortgage Payment (IO)-£574
- Management (10%)-£105
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£271
Capital Returns
- 5yr Property Value£199,061
- 5yr Capital Gain (2.61% pa, historical)+£24,061
- 5yr Cumulative Rent (net, before lease costs)+£53,019
- Less mortgage interest-£34,440
- 5yr Total Return (before lease costs)+£42,640
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 | £179,568 | £48,318 | +£3,252 | +£7,820 | 14.1% |
| Year 2 | £184,254 | £53,004 | +£6,732 | +£15,986 | 28.8% |
| Year 3 | £189,063 | £57,813 | +£10,445 | +£24,508 | 44.1% |
| Year 4 | £193,998 | £62,748 | +£14,396 | +£33,394 | 60.1% |
| Year 5 | £199,061 | £67,811 | +£18,579 | +£42,640 | 76.7% |
Modelled on the live asking price. Capital growth 2.61% a year is the LS9 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 (£55,600).
Price Forecast
No forecast available.