Flat 3, The Coach House, 29 Enfield Road, Broad Haven, Haverfordwest, SA62 3JW
Estimate of £191k for this flat/maisonette. 172 sales in SA62 in the last 12 months; median £291k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£187,500
- SDLT standard£1,250
- SDLT BTL surcharge (5%)£9,375
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£200,225
Funding
- Deposit (25%)£46,875
- Mortgage (75% LTV)£140,625
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£59,600
Monthly Returns
- Monthly Rent (estimate)£800
- Mortgage Payment (IO)-£615
- Management (10%)-£80
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£5
Capital Returns
- 5yr Property Value£220,868
- 5yr Capital Gain (3.33% pa, historical)+£33,368
- 5yr Cumulative Rent (net, before lease costs)+£38,955
- Less mortgage interest-£36,900
- 5yr Total Return (before lease costs)+£35,423
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 | £193,744 | £53,119 | +£60 | +£6,304 | 10.6% |
| Year 2 | £200,195 | £59,570 | +£288 | +£12,983 | 21.8% |
| Year 3 | £206,862 | £66,237 | +£700 | +£20,062 | 33.7% |
| Year 4 | £213,750 | £73,125 | +£1,287 | +£27,538 | 46.2% |
| Year 5 | £220,868 | £80,243 | +£2,055 | +£35,423 | 59.4% |
Modelled on the live asking price. Capital growth 3.33% a year is the SA62 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 (£59,600).
Price Forecast
No forecast available.