Flat 324, Dunn House, North Bridge Street, Sunderland, SR5 1AH
Estimate of £21k for this flat/maisonette. 286 sales in SR5 in the last 12 months; median £114k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£23,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£0
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£25,100
Funding
- Deposit (25%)£5,750
- Mortgage (75% LTV)£17,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£7,850
Monthly Returns
- Monthly Rent (estimate)£150
- Mortgage Payment (IO)-£75
- Management (10%)-£15
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)-£40
Capital Returns
- 5yr Property Value£29,145
- 5yr Capital Gain (4.85% pa, historical)+£6,145
- 5yr Cumulative Rent (net, before lease costs)+£2,431
- Less mortgage interest-£4,500
- 5yr Total Return (before lease costs)+£4,077
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 | £24,116 | £6,866 | -£480 | +£636 | 8.1% |
| Year 2 | £25,285 | £8,035 | -£924 | +£1,361 | 17.3% |
| Year 3 | £26,511 | £9,261 | -£1,343 | +£2,168 | 27.6% |
| Year 4 | £27,797 | £10,547 | -£1,725 | +£3,072 | 39.1% |
| Year 5 | £29,145 | £11,895 | -£2,069 | +£4,077 | 51.9% |
Modelled on the live asking price. Capital growth 4.85% a year is the SR5 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 (£7,850).
Price Forecast
No forecast available.