Flat 15, Butler House, 19–23 Market Street, Maidenhead, SL6 8AA
Estimate of £287k for this flat/maisonette. 761 sales in SL6 in the last 12 months; median £500k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£1,250,000
- SDLT standard£68,750
- SDLT BTL surcharge (5%)£62,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£1,383,350
Funding
- Deposit (25%)£312,500
- Mortgage (75% LTV)£937,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£445,850
Monthly Returns
- Monthly Rent (estimate)£1,250
- Mortgage Payment (IO)-£4,102
- Management (10%)-£125
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)-£3,077
Capital Returns
- 5yr Property Value£1,330,103
- 5yr Capital Gain (1.25% pa, historical)+£80,103
- 5yr Cumulative Rent (net, before lease costs)+£64,249
- Less mortgage interest-£246,120
- 5yr Total Return (before lease costs)-£101,769
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 | £1,265,625 | £328,125 | -£36,924 | -£21,299 | -4.8% |
| Year 2 | £1,281,445 | £343,945 | -£73,584 | -£42,139 | -9.5% |
| Year 3 | £1,297,463 | £359,963 | -£109,962 | -£62,499 | -14.0% |
| Year 4 | £1,313,682 | £376,182 | -£146,064 | -£82,382 | -18.5% |
| Year 5 | £1,330,103 | £392,603 | -£181,871 | -£101,769 | -22.8% |
Modelled on the live asking price. Capital growth 1.25% a year is the SL6 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 (£445,850).
Price Forecast
No forecast available.