Recent sale
28 BRIDGEWATER STREET
£166k
Sale price
£/sqft
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Rent pcm
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Yield
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Estimate of £139k for purpose built flats in Manchester. 244 transactions in the last 12 months; median £209k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £135,581 | £31,331 | +£1,944 | -£1,475 | -2.2% |
| Year 2 | £132,245 | £27,995 | +£3,888 | -£2,867 | -4.3% |
| Year 3 | £128,992 | £24,742 | +£5,832 | -£4,176 | -6.3% |
| Year 4 | £125,819 | £21,569 | +£7,776 | -£5,405 | -8.1% |
| Year 5 | £122,724 | £18,474 | +£9,720 | -£6,556 | -9.8% |
Assumes -2.46% 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 (£66,710).
No forecast available.