Flat 12, Alexander Place, 87 The Avenue, Southampton, SO17 1YB

UPRN:10024439839Flat/MaisonetteBeds -Built 2012-2021

LeaseholdCouncil Tax: Band BEPC: C (77)

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

Valuation estimateUpdated yesterday

£160,000

Estimated value

Range: £152k - £168k|Last sold: £125k (2014-08-29)

Estimate of £160k for this flat/maisonette. 185 sales in SO17 in the last 12 months; median £210k.

Estimate confidence

High confidence

Value History

Monthly AVM sale-value estimate

Current estimate

£160k

£152k - £168k - High confidence

Annualised (CAGR)

-0.77%

Over the full window

Peak estimate

£178k

Jun 2024

From peak

-10.11%

Drawdown from peak

AVM estimate (model)Repeat-sales index - SO17 district (quarterly)index YoY -9.29%

Growth by window

-0.62%

-1.23%

12m

-5.88%

24m

-8.05%

60m

-5.33%

Rental Market

Monthly

Estimated rent (pcm)

£950

/ month

Gross yield

7.60%

Rent ÷ asking price

Net yield

5.25%

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

Vacancy trend

12-month change

Market Metrics

6 live signals

Median Area Price

£210k

SO17 sales, last 12 months

12m Price Growth

-6.3%

SO17 median, Land Registry

Days on Market

84d

SO17 average

Sales & Yield

3 metrics

Transactions / 12m

185

SO17 sales

Area Gross Yield

6.76%

SO17 medians

Last Sold

£125k

2014-08-29

Investment Analysis

Buy-to-let cashflow + capital returns

25% deposit · IO

Purchase

Asking Price£150,000
SDLT standard£500
SDLT BTL surcharge (5%)£7,500
Legal, survey + broker (assumed)£2,100
RefurbishmentNot costed
Total Cost (excl. refurb)£160,100

Funding

Deposit (25%)£37,500
Mortgage (75% LTV)£112,500
Interest Rate (assumed)5.25%
Mortgage TypeInterest Only
Cash Required£47,600

Monthly Returns

Monthly Rent (estimate)£950
Mortgage Payment (IO)-£492
Management (10%)-£95
Insurance (assumed)-£40
Maintenance (assumed)-£60
Monthly Cashflow, before lease costs (not stated)+£263

Capital Returns

5yr Property Value£141,571
5yr Capital Gain (-1.15% pa, historical)-£8,429
5yr Cumulative Rent (net, before lease costs)+£47,386
Less mortgage interest-£29,520
5yr Total Return (before lease costs)+£9,437

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	£148,275	£35,775	+£3,156	+£1,431	3.0%
Year 2	£146,570	£34,070	+£6,516	+£3,086	6.5%
Year 3	£144,884	£32,384	+£10,085	+£4,969	10.4%
Year 4	£143,218	£30,718	+£13,866	+£7,084	14.9%
Year 5	£141,571	£29,071	+£17,866	+£9,437	19.8%

Modelled on the live asking price. Capital growth -1.15% a year is the SO17 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 (£47,600).

Price Forecast

No forecast available.

Demand & Supply

Median earnings (local authority)

Signal

2,114

Population

Signal

3.5%

Households Deprived

Upside Opportunities

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