Recent sale
46 - 50 OLDHAM STREET
£1.18M
Sale price
£/sqft
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Rent pcm
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Yield
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Estimate of £126k for converted flats in Manchester City Centre. 366 transactions in the last 12 months; median £248k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £125,761 | £31,261 | +£1,452 | +£1,213 | 2.0% |
| Year 2 | £125,522 | £31,022 | +£2,904 | +£2,426 | 3.9% |
| Year 3 | £125,283 | £30,783 | +£4,356 | +£3,639 | 5.9% |
| Year 4 | £125,045 | £30,545 | +£5,808 | +£4,853 | 7.9% |
| Year 5 | £124,808 | £30,308 | +£7,260 | +£6,068 | 9.8% |
Assumes -0.19% pa capital growth (API forecast), 3.0% rental growth, 5.25% IO mortgage held for 5 years, light refurb completed year 0. ROI is on total cash invested (£61,640).
No forecast available.