Brissenden Green Barn, Brissenden Green Lane, Bethersden, Ashford, TN26 3JX
Estimate of £1.21M for this detached bungalow. 94 sales in TN26 in the last 12 months; median £500k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£5,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£0
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£7,100
Funding
- Deposit (25%)£1,250
- Mortgage (75% LTV)£3,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£3,350
Monthly Returns
- Monthly Rent (estimate)£4,750
- Mortgage Payment (IO)-£16
- Management (10%)-£475
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£4,159
Capital Returns
- 5yr Property Value£5,842
- 5yr Capital Gain (3.16% pa, historical)+£842
- 5yr Cumulative Rent (net)+£260,978
- Less mortgage interest-£960
- 5yr Total Return+£260,860
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 | £5,158 | £1,408 | +£49,908 | +£50,066 | 1494.5% |
| Year 2 | £5,321 | £1,571 | +£100,848 | +£101,169 | 3020.0% |
| Year 3 | £5,489 | £1,739 | +£152,831 | +£153,320 | 4576.7% |
| Year 4 | £5,663 | £1,913 | +£205,880 | +£206,542 | 6165.4% |
| Year 5 | £5,842 | £2,092 | +£260,018 | +£260,860 | 7786.9% |
Modelled on the live asking price. Capital growth 3.16% a year is the TN26 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 (£3,350).
Price Forecast
No forecast available.