Flat 4, Ash Tree Apartments, 2 Ash Tree Garth, Leeds, LS9 6PN
Estimate of £145k for this purpose built flat. 325 sales in LS9 in the last 12 months; median £137k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£155,000
- SDLT standard£600
- SDLT BTL surcharge (5%)£7,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£165,450
Funding
- Deposit (25%)£38,750
- Mortgage (75% LTV)£116,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£49,200
Monthly Returns
- Monthly Rent (estimate)£850
- Mortgage Payment (IO)-£509
- Management (10%)-£85
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£156
Capital Returns
- 5yr Property Value£176,311
- 5yr Capital Gain (2.61% pa, historical)+£21,311
- 5yr Cumulative Rent (net, before lease costs)+£41,777
- Less mortgage interest-£30,540
- 5yr Total Return (before lease costs)+£32,549
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 | £159,046 | £42,796 | +£1,872 | +£5,918 | 12.0% |
| Year 2 | £163,197 | £46,947 | +£3,924 | +£12,121 | 24.6% |
| Year 3 | £167,456 | £51,206 | +£6,172 | +£18,628 | 37.9% |
| Year 4 | £171,827 | £55,577 | +£8,608 | +£25,435 | 51.7% |
| Year 5 | £176,311 | £60,061 | +£11,237 | +£32,549 | 66.2% |
Modelled on the live asking price. Capital growth 2.61% a year is the LS9 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 (£49,200).
Price Forecast
No forecast available.