Flat 34, Souchay Court, 1 Clothorn Road, Manchester, M20 6BR

UPRN:77103260Flat/Maisonette1 bedsBuilt 1991-1995

LeaseholdCouncil Tax: Band CEPC: C (73)

Data freshness:Listing· freshPlanning· 4mo agoEPC· 4mo agoRisk· 2y agoSchools· 4mo agoAmenities· 1mo agoArea· Census 2021

Valuation estimateUpdated yesterday

£167,000

Estimated value

Range: £159k - £176k|Last sold: £120k (2007-07-20)

Estimate of £167k for this flat/maisonette. 529 sales in M20 in the last 12 months; median £352k.

Estimate confidence

High confidence

Value History

Monthly AVM sale-value estimate

Current estimate

£167k

£159k - £176k - High confidence

Annualised (CAGR)

-0.37%

Over the full window

Peak estimate

£201k

Dec 2022

From peak

-16.92%

Drawdown from peak

AVM estimate (model)Repeat-sales index - M20 district (quarterly)index YoY +5.70%

Growth by window

+0.60%

-1.18%

12m

-12.11%

24m

-11.17%

60m

-8.24%

Rental Market

Monthly

Estimated rent (pcm)

£700

/ month

Gross yield

5.25%

Rent ÷ asking price

Net yield

3.64%

Assumes ~31% running costs (not this property's)

Vacancy trend

12-month change

Market Metrics

6 live signals

Median Area Price

£352k

M20 sales, last 12 months

12m Price Growth

+70.9%

M20 median, Land Registry

Days on Market

62d

M20 average

Sales & Yield

3 metrics

Transactions / 12m

529

M20 sales

Area Gross Yield

5.31%

M20 medians

Last Sold

£120k

2007-07-20

Investment Analysis

Buy-to-let cashflow + capital returns

25% deposit · IO

Purchase

Asking Price£160,000
SDLT standard£700
SDLT BTL surcharge (5%)£8,000
Legal, survey + broker (assumed)£2,100
RefurbishmentNot costed
Total Cost (excl. refurb)£170,800

Funding

Deposit (25%)£40,000
Mortgage (75% LTV)£120,000
Interest Rate (assumed)5.25%
Mortgage TypeInterest Only
Cash Required£50,800

Monthly Returns

Monthly Rent (estimate)£700
Mortgage Payment (IO)-£525
Management (10%)-£70
Insurance (assumed)-£40
Maintenance (assumed)-£60
Monthly Cashflow, before lease costs (not stated)+£5

Capital Returns

5yr Property Value£185,574
5yr Capital Gain (3.01% pa, historical)+£25,574
5yr Cumulative Rent (net, before lease costs)+£33,346
Less mortgage interest-£31,500
5yr Total Return (before lease costs)+£27,420

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

BTL · Interest Only

Year	Property Value	Equity	Cashflow (cumulative)	Total Return	ROI
Year 1	£164,816	£44,816	+£60	+£4,876	9.6%
Year 2	£169,777	£49,777	+£276	+£10,053	19.8%
Year 3	£174,887	£54,887	+£639	+£15,527	30.6%
Year 4	£180,151	£60,151	+£1,166	+£21,317	42.0%
Year 5	£185,574	£65,574	+£1,846	+£27,420	54.0%

Modelled on the live asking price. Capital growth 3.01% a year is the M20 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 (£50,800).

Price Forecast

No forecast available.

Demand & Supply

Median earnings (local authority)

Signal

1,529

Population

Signal

3.6%

Households Deprived

Upside Opportunities

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