Flat 16, The Post House, 36 The Kingsway, Swansea, SA1 5LF
Estimate of £53k for this flat/maisonette. 445 sales in SA1 in the last 12 months; median £140k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£35,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£0
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£37,100
Funding
- Deposit (25%)£8,750
- Mortgage (75% LTV)£26,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£10,850
Monthly Returns
- Monthly Rent (estimate)£250
- Mortgage Payment (IO)-£115
- Management (10%)-£25
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£10
Capital Returns
- 5yr Property Value£37,686
- 5yr Capital Gain (1.49% pa, historical)+£2,686
- 5yr Cumulative Rent (net)+£8,040
- Less mortgage interest-£6,900
- 5yr Total Return+£3,826
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.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £35,522 | £9,272 | +£120 | +£642 | 5.9% |
| Year 2 | £36,051 | £9,801 | +£288 | +£1,339 | 12.3% |
| Year 3 | £36,588 | £10,338 | +£517 | +£2,105 | 19.4% |
| Year 4 | £37,133 | £10,883 | +£797 | +£2,930 | 27.0% |
| Year 5 | £37,686 | £11,436 | +£1,140 | +£3,826 | 35.3% |
Modelled on the live asking price. Capital growth 1.49% a year is the SA1 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. ROI is on cash required (£10,850).
Price Forecast
No forecast available.