Recent sale
56 HIGH STREET
£176k
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. 366 transactions in the last 12 months; median £248k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £138,736 | £34,486 | +£1,404 | +£1,140 | 1.7% |
| Year 2 | £138,472 | £34,222 | +£2,808 | +£2,280 | 3.4% |
| Year 3 | £138,209 | £33,959 | +£4,212 | +£3,421 | 5.1% |
| Year 4 | £137,947 | £33,697 | +£5,616 | +£4,563 | 6.8% |
| Year 5 | £137,685 | £33,435 | +£7,020 | +£5,705 | 8.6% |
Assumes -0.19% 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.