Recent sale
BEETHAM TOWER, 301 DEANSGATE
£255k
Sale price
£/sqft
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Rent pcm
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Yield
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Estimate of £190k for purpose built flats in Manchester. 244 transactions in the last 12 months; median £209k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £185,326 | £42,826 | +£3,408 | -£1,266 | -1.5% |
| Year 2 | £180,767 | £38,267 | +£6,816 | -£2,417 | -2.8% |
| Year 3 | £176,320 | £33,820 | +£10,224 | -£3,456 | -4.0% |
| Year 4 | £171,983 | £29,483 | +£13,632 | -£4,385 | -5.1% |
| Year 5 | £167,752 | £25,252 | +£17,040 | -£5,208 | -6.0% |
Assumes -2.46% 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 (£86,600).
No forecast available.