Flat 1, Park Court, Ring Road West Park, West Park, Leeds, LS16 6EJ
Estimate of £180k for this flat/maisonette. 416 sales in LS16 in the last 12 months; median £330k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£125,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£6,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£133,350
Funding
- Deposit (25%)£31,250
- Mortgage (75% LTV)£93,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£39,600
Monthly Returns
- Monthly Rent (estimate)£1,050
- Mortgage Payment (IO)-£410
- Management (10%)-£105
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£435
Capital Returns
- 5yr Property Value£130,727
- 5yr Capital Gain (0.90% pa, historical)+£5,727
- 5yr Cumulative Rent (net, before lease costs)+£53,019
- Less mortgage interest-£24,600
- 5yr Total Return (before lease costs)+£34,146
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 | £126,125 | £32,375 | +£5,220 | +£6,345 | 16.0% |
| Year 2 | £127,260 | £33,510 | +£10,668 | +£12,928 | 32.6% |
| Year 3 | £128,405 | £34,655 | +£16,349 | +£19,755 | 49.9% |
| Year 4 | £129,561 | £35,811 | +£22,268 | +£26,829 | 67.8% |
| Year 5 | £130,727 | £36,977 | +£28,419 | +£34,146 | 86.2% |
Modelled on the live asking price. Capital growth 0.90% a year is the LS16 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 (£39,600).
Price Forecast
No forecast available.