Recent sale
NAVENTIS COURT SINGLETON STREET
£48k
Sale price
£/sqft
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Rent pcm
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Yield
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Estimate of £59k for flat/maisonettes in Blackpool. 412 transactions in the last 12 months; median £96k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £59,767 | £15,517 | -£360 | +£407 | 1.1% |
| Year 2 | £60,544 | £16,294 | -£720 | +£824 | 2.2% |
| Year 3 | £61,331 | £17,081 | -£1,080 | +£1,251 | 3.4% |
| Year 4 | £62,128 | £17,878 | -£1,440 | +£1,688 | 4.6% |
| Year 5 | £62,936 | £18,686 | -£1,800 | +£2,136 | 5.8% |
Assumes 1.30% 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 (£36,830).
No forecast available.