Flat 4, Souchay Court, 1 Clothorn Road, Manchester, M20 6BR

UPRN:77103173Flat/Maisonette1 bedsBuilt 1996-2002

LeaseholdCouncil Tax: Band CEPC: C (79)

Data freshness:Listing· freshPlanning· 4mo agoEPC· 5mo agoRisk· 2y agoSchools· 4mo agoAmenities· 1mo agoArea· Census 2021

Valuation estimateUpdated yesterday

£168,000

Estimated value

Range: £159k - £176k|Last sold: £155k (2024-03-01)

Estimate of £168k 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

£168k

£159k - £176k - High confidence

Annualised (CAGR)

+0.09%

Over the full window

Peak estimate

£194k

Dec 2022

From peak

-13.40%

Drawdown from peak

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

Growth by window

-2.89%

-7.69%

12m

-5.08%

24m

-4.55%

60m

-5.08%

Rental Market

Monthly

Estimated rent (pcm)

£750

/ month

Gross yield

5.37%

Rent ÷ asking price

Net yield

3.72%

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

+17.4%

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

£155k

2024-03-01

Investment Analysis

Buy-to-let cashflow + capital returns

25% deposit · IO

Purchase

Asking Price£167,500
SDLT standard£850
SDLT BTL surcharge (5%)£8,375
Legal, survey + broker (assumed)£2,100
RefurbishmentNot costed
Total Cost (excl. refurb)£178,825

Funding

Deposit (25%)£41,875
Mortgage (75% LTV)£125,625
Interest Rate (assumed)5.25%
Mortgage TypeInterest Only
Cash Required£53,200

Monthly Returns

Monthly Rent (estimate)£750
Mortgage Payment (IO)-£550
Management (10%)-£75
Insurance (assumed)-£40
Maintenance (assumed)-£60
Monthly Cashflow, before lease costs (not stated)+£25

Capital Returns

5yr Property Value£194,273
5yr Capital Gain (3.01% pa, historical)+£26,773
5yr Cumulative Rent (net, before lease costs)+£36,156
Less mortgage interest-£33,000
5yr Total Return (before lease costs)+£29,929

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	£172,542	£46,917	+£300	+£5,342	10.0%
Year 2	£177,735	£52,110	+£768	+£11,003	20.7%
Year 3	£183,085	£57,460	+£1,396	+£16,981	31.9%
Year 4	£188,596	£62,971	+£2,186	+£23,282	43.8%
Year 5	£194,273	£68,648	+£3,156	+£29,929	56.3%

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 (£53,200).

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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