Flat 3, Geufron House, 4 Corbett Square, Tywyn, LL36 9DF
Estimate of £106k for this flat/maisonette. 63 sales in LL36 in the last 12 months; median £180k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£225,000
- SDLT standard£2,000
- SDLT BTL surcharge (5%)£11,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£240,350
Funding
- Deposit (25%)£56,250
- Mortgage (75% LTV)£168,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£71,600
Monthly Returns
- Monthly Rent (estimate)£250
- Mortgage Payment (IO)-£738
- Management (10%)-£25
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)-£613
Capital Returns
- 5yr Property Value£225,000
- 5yr Capital Gain (0.00% pa, historical)+£0
- 5yr Cumulative Rent (net, before lease costs)+£8,040
- Less mortgage interest-£44,280
- 5yr Total Return (before lease costs)-£36,240
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 | £225,000 | £56,250 | -£7,356 | -£7,356 | -10.3% |
| Year 2 | £225,000 | £56,250 | -£14,664 | -£14,664 | -20.5% |
| Year 3 | £225,000 | £56,250 | -£21,911 | -£21,911 | -30.6% |
| Year 4 | £225,000 | £56,250 | -£29,107 | -£29,107 | -40.7% |
| Year 5 | £225,000 | £56,250 | -£36,240 | -£36,240 | -50.6% |
Modelled on the live asking price. Capital growth 0.00% a year is the LL36 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 (£71,600).
Price Forecast
No forecast available.