Burgedin House, Parliament Street, Rhuddlan, Rhyl, LL18 5AW
Estimate of £174k for this end terrace house. 469 sales in LL18 in the last 12 months; median £182k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£160,000
- SDLT standard£700
- SDLT BTL surcharge (5%)£8,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£170,800
Funding
- Deposit (25%)£40,000
- Mortgage (75% LTV)£120,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£50,800
Monthly Returns
- Monthly Rent (estimate)£1,050
- Mortgage Payment (IO)-£525
- Management (10%)-£105
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£320
Capital Returns
- 5yr Property Value£179,792
- 5yr Capital Gain (2.36% pa, historical)+£19,792
- 5yr Cumulative Rent (net)+£53,019
- Less mortgage interest-£31,500
- 5yr Total Return+£41,311
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 | £163,776 | £43,776 | +£3,840 | +£7,616 | 15.0% |
| Year 2 | £167,641 | £47,641 | +£7,908 | +£15,549 | 30.6% |
| Year 3 | £171,597 | £51,597 | +£12,209 | +£23,806 | 46.9% |
| Year 4 | £175,647 | £55,647 | +£16,748 | +£32,395 | 63.8% |
| Year 5 | £179,792 | £59,792 | +£21,519 | +£41,311 | 81.3% |
Modelled on the live asking price. Capital growth 2.36% a year is the LL18 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 (£50,800).
Price Forecast
No forecast available.