Flat 3, 63 Bolton Street, Brixham, TQ5 9DJ
Estimate of £109k for this flat/maisonette. 234 sales in TQ5 in the last 12 months; median £274k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£109,950
- SDLT standard£0
- SDLT BTL surcharge (5%)£5,498
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£117,548
Funding
- Deposit (25%)£27,488
- Mortgage (75% LTV)£82,462
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£35,086
Monthly Returns
- Monthly Rent (estimate)£500
- Mortgage Payment (IO)-£361
- Management (10%)-£50
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)-£11
Capital Returns
- 5yr Property Value£112,223
- 5yr Capital Gain (0.41% pa, historical)+£2,273
- 5yr Cumulative Rent (net, before lease costs)+£22,104
- Less mortgage interest-£21,660
- 5yr Total Return (before lease costs)+£2,717
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 | £110,401 | £27,938 | -£132 | +£319 | 0.9% |
| Year 2 | £110,853 | £28,391 | -£156 | +£747 | 2.1% |
| Year 3 | £111,308 | £28,845 | -£70 | +£1,288 | 3.7% |
| Year 4 | £111,764 | £29,302 | +£130 | +£1,944 | 5.5% |
| Year 5 | £112,223 | £29,760 | +£444 | +£2,717 | 7.7% |
Modelled on the live asking price. Capital growth 0.41% a year is the TQ5 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 (£35,086).
Price Forecast
No forecast available.