Flat 1101, 67 Bondway, London, SW8 1GR
Estimate of £1.40M for this flat/maisonette. 277 sales in SW8 in the last 12 months; median £545k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£2,400,000
- SDLT standard£201,750
- SDLT BTL surcharge (5%)£120,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£2,723,850
Funding
- Deposit (25%)£600,000
- Mortgage (75% LTV)£1,800,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£923,850
Monthly Returns
- Monthly Rent (estimate)£5,750
- Mortgage Payment (IO)-£7,875
- Management (10%)-£575
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)-£2,800
Capital Returns
- 5yr Property Value£2,180,501
- 5yr Capital Gain (-1.90% pa, historical)-£219,499
- 5yr Cumulative Rent (net, before lease costs)+£317,187
- Less mortgage interest-£472,500
- 5yr Total Return (before lease costs)-£374,812
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 | £2,354,400 | £554,400 | -£33,600 | -£79,200 | -8.6% |
| Year 2 | £2,309,666 | £509,666 | -£65,952 | -£156,286 | -16.9% |
| Year 3 | £2,265,783 | £465,783 | -£97,040 | -£231,258 | -25.0% |
| Year 4 | £2,222,733 | £422,733 | -£126,837 | -£304,104 | -32.9% |
| Year 5 | £2,180,501 | £380,501 | -£155,313 | -£374,812 | -40.6% |
Modelled on the live asking price. Capital growth -1.90% a year is the SW8 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 (£923,850).
Price Forecast
No forecast available.