Braeburn Cottage, Home Rise, North Leverton, Retford, DN22 0FT
Estimate of £372k for this detached bungalow. 410 sales in DN22 in the last 12 months; median £205k.
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)£1,550
- Mortgage Payment (IO)-£1,230
- Management (10%)-£155
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£65
Capital Returns
- 5yr Property Value£404,579
- 5yr Capital Gain (1.53% pa, historical)+£29,579
- 5yr Cumulative Rent (net)+£81,123
- Less mortgage interest-£73,800
- 5yr Total Return+£36,902
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 | £380,738 | £99,488 | +£780 | +£6,518 | 5.3% |
| Year 2 | £386,563 | £105,313 | +£1,896 | +£13,459 | 10.9% |
| Year 3 | £392,477 | £111,227 | +£3,355 | +£20,833 | 16.9% |
| Year 4 | £398,482 | £117,232 | +£5,166 | +£28,648 | 23.2% |
| Year 5 | £404,579 | £123,329 | +£7,323 | +£36,902 | 29.9% |
Modelled on the live asking price. Capital growth 1.53% a year is the DN22 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.