Flat 20, Carlton House, 307–311 Anlaby Road, Hull, HU3 2SB
Estimate of £36k for this flat/maisonette. 255 sales in HU3 in the last 12 months; median £108k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£25,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£0
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£27,100
Funding
- Deposit (25%)£6,250
- Mortgage (75% LTV)£18,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£8,350
Monthly Returns
- Monthly Rent (estimate)£200
- Mortgage Payment (IO)-£82
- Management (10%)-£20
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)-£2
Capital Returns
- 5yr Property Value£29,995
- 5yr Capital Gain (3.71% pa, historical)+£4,995
- 5yr Cumulative Rent (net, before lease costs)+£5,242
- Less mortgage interest-£4,920
- 5yr Total Return (before lease costs)+£5,316
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 | £25,927 | £7,177 | -£24 | +£903 | 10.8% |
| Year 2 | £26,889 | £8,139 | +£0 | +£1,889 | 22.6% |
| Year 3 | £27,887 | £9,137 | +£61 | +£2,948 | 35.3% |
| Year 4 | £28,922 | £10,172 | +£172 | +£4,093 | 49.0% |
| Year 5 | £29,995 | £11,245 | +£322 | +£5,316 | 63.7% |
Modelled on the live asking price. Capital growth 3.71% a year is the HU3 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 (£8,350).
Price Forecast
No forecast available.