Recent sale
165 MANCHESTER OLD ROAD
£415k
Sale price
£/sqft
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Rent pcm
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Yield
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Estimate of £983k for detached houses in Manchester. 522 transactions in the last 12 months; median £206k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £1,021,534 | £284,284 | -£876 | +£37,658 | 8.9% |
| Year 2 | £1,061,578 | £324,328 | -£1,752 | +£76,826 | 18.3% |
| Year 3 | £1,103,192 | £365,942 | -£2,628 | +£117,564 | 27.9% |
| Year 4 | £1,146,437 | £409,187 | -£3,504 | +£159,933 | 38.0% |
| Year 5 | £1,191,377 | £454,127 | -£4,380 | +£203,997 | 48.5% |
Assumes 3.92% pa capital growth (API forecast), 3.0% rental growth, 5.25% IO mortgage held for 5 years, light refurb completed year 0. ROI is on total cash invested (£420,760).
No forecast available.