Recent sale
214 MANCHESTER NEW ROAD
£395k
Sale price
£/sqft
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Rent pcm
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Yield
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Estimate of £596k 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 | £619,363 | £172,363 | -£528 | +£22,835 | 8.9% |
| Year 2 | £643,642 | £196,642 | -£1,056 | +£46,586 | 18.2% |
| Year 3 | £668,873 | £221,873 | -£1,584 | +£71,289 | 27.9% |
| Year 4 | £695,093 | £248,093 | -£2,112 | +£96,981 | 38.0% |
| Year 5 | £722,340 | £275,340 | -£2,640 | +£123,700 | 48.4% |
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 (£255,320).
No forecast available.