Bleak House, Church Road, Crowle, Worcester, WR7 4AZ
Estimate of £789k for this detached house. 49 sales in WR7 in the last 12 months; median £485k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£950,000
- SDLT standard£38,750
- SDLT BTL surcharge (5%)£47,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£1,038,350
Funding
- Deposit (25%)£237,500
- Mortgage (75% LTV)£712,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£325,850
Monthly Returns
- Monthly Rent (estimate)£2,050
- Mortgage Payment (IO)-£3,117
- Management (10%)-£205
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£1,372
Capital Returns
- 5yr Property Value£1,084,309
- 5yr Capital Gain (2.68% pa, historical)+£134,309
- 5yr Cumulative Rent (net)+£109,215
- Less mortgage interest-£187,020
- 5yr Total Return+£56,504
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 | £975,460 | £262,960 | -£16,464 | +£8,996 | 2.8% |
| Year 2 | £1,001,602 | £289,102 | -£32,484 | +£19,118 | 5.9% |
| Year 3 | £1,028,445 | £315,945 | -£48,050 | +£30,395 | 9.3% |
| Year 4 | £1,056,008 | £343,508 | -£63,164 | +£42,843 | 13.1% |
| Year 5 | £1,084,309 | £371,809 | -£77,805 | +£56,504 | 17.3% |
Modelled on the live asking price. Capital growth 2.68% a year is the WR7 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 (£325,850).
Price Forecast
No forecast available.