Recent sale
6 MANCHESTER ROAD
£176k
Sale price
£/sqft
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Rent pcm
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Yield
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Estimate of £61k for flat/maisonettes in Manchester. 434 transactions in the last 12 months; median £211k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £63,294 | £17,544 | +£108 | +£2,402 | 6.4% |
| Year 2 | £65,673 | £19,923 | +£216 | +£4,889 | 13.0% |
| Year 3 | £68,143 | £22,393 | +£324 | +£7,467 | 19.9% |
| Year 4 | £70,705 | £24,955 | +£432 | +£10,137 | 27.0% |
| Year 5 | £73,363 | £27,613 | +£540 | +£12,903 | 34.3% |
Assumes 3.76% 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 (£37,570).
No forecast available.