Black Horse, Meinciau, Kidwelly, SA17 5LE
Estimate of £322k for this detached house. 111 sales in SA17 in the last 12 months; median £178k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£375,000
- SDLT standard£8,750
- SDLT BTL surcharge (5%)£18,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£404,600
Funding
- Deposit (25%)£93,750
- Mortgage (75% LTV)£281,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£123,350
Monthly Returns
- Monthly Rent (estimate)£1,800
- Mortgage Payment (IO)-£1,230
- Management (10%)-£180
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£290
Capital Returns
- 5yr Property Value£443,664
- 5yr Capital Gain (3.42% pa, historical)+£68,664
- 5yr Cumulative Rent (net)+£95,163
- Less mortgage interest-£73,800
- 5yr Total Return+£90,027
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 | £387,825 | £106,575 | +£3,480 | +£16,305 | 13.2% |
| Year 2 | £401,089 | £119,839 | +£7,344 | +£33,433 | 27.1% |
| Year 3 | £414,806 | £133,556 | +£11,613 | +£51,418 | 41.7% |
| Year 4 | £428,992 | £147,742 | +£16,283 | +£70,275 | 57.0% |
| Year 5 | £443,664 | £162,414 | +£21,363 | +£90,027 | 73.0% |
Modelled on the live asking price. Capital growth 3.42% a year is the SA17 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 (£123,350).
Price Forecast
No forecast available.