Caravan 4, Cardale Estate, Pot Bank, Beckwithshaw, HG3 1QL
Estimate of £540k for this property. 327 sales in HG3 in the last 12 months; median £367k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£90,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£4,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£96,600
Funding
- Deposit (25%)£22,500
- Mortgage (75% LTV)£67,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£29,100
Monthly Returns
- Monthly Rent (estimate)£2,150
- Mortgage Payment (IO)-£295
- Management (10%)-£215
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£1,540
Capital Returns
- 5yr Property Value£84,172
- 5yr Capital Gain (-1.33% pa, historical)-£5,828
- 5yr Cumulative Rent (net, before lease costs)+£114,836
- Less mortgage interest-£17,700
- 5yr Total Return (before lease costs)+£91,308
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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £88,803 | £21,303 | +£18,480 | +£17,283 | 59.4% |
| Year 2 | £87,622 | £20,122 | +£37,428 | +£35,050 | 120.4% |
| Year 3 | £86,457 | £18,957 | +£56,842 | +£53,299 | 183.2% |
| Year 4 | £85,307 | £17,807 | +£76,745 | +£72,052 | 247.6% |
| Year 5 | £84,172 | £16,672 | +£97,136 | +£91,308 | 313.8% |
Modelled on the live asking price. Capital growth -1.33% a year is the HG3 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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£29,100).
Price Forecast
No forecast available.