Barn Owls, 2 Powlers Piece Park, Putford, Holsworthy, EX22 7FH
Estimate of £226k for this bungalow property. 118 sales in EX22 in the last 12 months; median £290k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£199,950
- SDLT standard£1,499
- SDLT BTL surcharge (5%)£9,998
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£213,547
Funding
- Deposit (25%)£49,988
- Mortgage (75% LTV)£149,962
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£63,584
Monthly Returns
- Monthly Rent (estimate)£700
- Mortgage Payment (IO)-£656
- Management (10%)-£70
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)-£126
Capital Returns
- 5yr Property Value£192,370
- 5yr Capital Gain (-0.77% pa, historical)-£7,580
- 5yr Cumulative Rent (net, before lease costs)+£33,346
- Less mortgage interest-£39,360
- 5yr Total Return (before lease costs)-£13,594
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 | £198,410 | £48,448 | -£1,512 | -£3,052 | -4.8% |
| Year 2 | £196,883 | £46,920 | -£2,868 | -£5,935 | -9.3% |
| Year 3 | £195,367 | £45,404 | -£4,077 | -£8,660 | -13.6% |
| Year 4 | £193,862 | £43,900 | -£5,122 | -£11,210 | -17.6% |
| Year 5 | £192,370 | £42,407 | -£6,014 | -£13,594 | -21.4% |
Modelled on the live asking price. Capital growth -0.77% a year is the EX22 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 (£63,584).
Price Forecast
No forecast available.