Chy an Gruglon, Gwithian Road, Connor Downs, Hayle, TR27 5EA
Estimate of £607k for this detached bungalow. 184 sales in TR27 in the last 12 months; median £283k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£550,000
- SDLT standard£17,500
- SDLT BTL surcharge (5%)£27,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£597,100
Funding
- Deposit (25%)£137,500
- Mortgage (75% LTV)£412,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£184,600
Monthly Returns
- Monthly Rent (estimate)£2,350
- Mortgage Payment (IO)-£1,805
- Management (10%)-£235
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£210
Capital Returns
- 5yr Property Value£566,136
- 5yr Capital Gain (0.58% pa, historical)+£16,136
- 5yr Cumulative Rent (net)+£126,090
- Less mortgage interest-£108,300
- 5yr Total Return+£33,926
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 | £553,190 | £140,690 | +£2,520 | +£5,710 | 3.1% |
| Year 2 | £556,399 | £143,899 | +£5,544 | +£11,943 | 6.5% |
| Year 3 | £559,626 | £147,126 | +£9,095 | +£18,721 | 10.1% |
| Year 4 | £562,871 | £150,371 | +£13,173 | +£26,045 | 14.1% |
| Year 5 | £566,136 | £153,636 | +£17,790 | +£33,926 | 18.4% |
Modelled on the live asking price. Capital growth 0.58% a year is the TR27 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 (£184,600).
Price Forecast
No forecast available.