Elm Manor, Main Road, Elm, Wisbech, PE14 0AG
Estimate of £570k for this detached house. 229 sales in PE14 in the last 12 months; median £270k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£600,000
- SDLT standard£20,000
- SDLT BTL surcharge (5%)£30,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£652,100
Funding
- Deposit (25%)£150,000
- Mortgage (75% LTV)£450,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£202,100
Monthly Returns
- Monthly Rent (estimate)£1,900
- Mortgage Payment (IO)-£1,969
- Management (10%)-£190
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£359
Capital Returns
- 5yr Property Value£646,052
- 5yr Capital Gain (1.49% pa, historical)+£46,052
- 5yr Cumulative Rent (net)+£100,772
- Less mortgage interest-£118,140
- 5yr Total Return+£28,684
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 | £608,940 | £158,940 | -£4,308 | +£4,632 | 2.3% |
| Year 2 | £618,013 | £168,013 | -£8,208 | +£9,805 | 4.9% |
| Year 3 | £627,222 | £177,222 | -£11,691 | +£15,531 | 7.7% |
| Year 4 | £636,567 | £186,567 | -£14,747 | +£21,820 | 10.8% |
| Year 5 | £646,052 | £196,052 | -£17,368 | +£28,684 | 14.2% |
Modelled on the live asking price. Capital growth 1.49% a year is the PE14 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 (£202,100).
Price Forecast
No forecast available.