Flat 1, 56 High Street, Manchester, M4 1ED

UPRN:10023043860Purpose Built Flat1 bedsBuilt 2003-2006

LeaseholdCouncil Tax: Band BEPC: C (75)

Data freshness:Listing· freshPlanning· 4mo agoEPC· 5mo agoRisk· 2y agoAmenities· 1mo agoArea· Census 2021Council Tax· 4mo ago

Valuation estimateUpdated yesterday

£125,000

Estimated value

Range: £118k - £131k|Last sold: £110k (2016-03-24)

Estimate of £125k for this purpose built flat. 289 sales in M4 in the last 12 months; median £228k.

Estimate confidence

High confidence

Value History

Monthly AVM sale-value estimate

Current estimate

£125k

£118k - £131k - High confidence

Annualised (CAGR)

-1.88%

Over the full window

Peak estimate

£153k

Oct 2022

From peak

-18.30%

Drawdown from peak

AVM estimate (model)Repeat-sales index - M4 district (quarterly)index YoY -18.04%

Growth by window

-10.07%

-14.97%

12m

-15.54%

24m

-17.76%

60m

-11.35%

Rental Market

Monthly

Estimated rent (pcm)

£750

/ month

Gross yield

7.50%

Rent ÷ asking price

Net yield

5.20%

Assumes ~31% running costs (not this property's)

Vacancy trend

12-month change

Market Metrics

6 live signals

Median Area Price

£228k

M4 sales, last 12 months

12m Price Growth

+12.6%

M4 median, Land Registry

Days on Market

149d

M4 average

Sales & Yield

3 metrics

Transactions / 12m

289

M4 sales

Area Gross Yield

6.45%

M4 medians

Last Sold

£110k

2016-03-24

Investment Analysis

Buy-to-let cashflow + capital returns

25% deposit · IO

Purchase

Asking Price£120,000
SDLT standard£0
SDLT BTL surcharge (5%)£6,000
Legal, survey + broker (assumed)£2,100
RefurbishmentNot costed
Total Cost (excl. refurb)£128,100

Funding

Deposit (25%)£30,000
Mortgage (75% LTV)£90,000
Interest Rate (assumed)5.25%
Mortgage TypeInterest Only
Cash Required£38,100

Monthly Returns

Monthly Rent (estimate)£750
Mortgage Payment (IO)-£394
Management (10%)-£75
Insurance (assumed)-£40
Maintenance (assumed)-£60
Monthly Cashflow, before lease costs (not stated)+£181

Capital Returns

5yr Property Value£105,407
5yr Capital Gain (-2.56% pa, historical)-£14,593
5yr Cumulative Rent (net, before lease costs)+£36,156
Less mortgage interest-£23,640
5yr Total Return (before lease costs)-£2,077

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

BTL · Interest Only

Year	Property Value	Equity	Cashflow (cumulative)	Total Return	ROI
Year 1	£116,928	£26,928	+£2,172	-£900	-2.4%
Year 2	£113,935	£23,935	+£4,512	-£1,553	-4.1%
Year 3	£111,018	£21,018	+£7,012	-£1,970	-5.2%
Year 4	£108,176	£18,176	+£9,674	-£2,150	-5.6%
Year 5	£105,407	£15,407	+£12,516	-£2,077	-5.5%

Modelled on the live asking price. Capital growth -2.56% a year is the M4 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 (£38,100).

Price Forecast

No forecast available.

Demand & Supply

Median earnings (local authority)

Signal

1,394

Population

Signal

2.0%

Households Deprived

Upside Opportunities

0 levers