Recent sale
BRITANNIA MANSIONS, 7 - 9 MARINE PARADE
£220k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Estimate of £219k for flat/maisonettes in Saltburn-By-The-Sea. 236 transactions in the last 12 months; median £169k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £226,446 | £62,196 | +£3,156 | +£10,602 | 10.8% |
| Year 2 | £234,145 | £69,895 | +£6,312 | +£21,457 | 21.9% |
| Year 3 | £242,106 | £77,856 | +£9,468 | +£32,574 | 33.3% |
| Year 4 | £250,338 | £86,088 | +£12,624 | +£43,962 | 44.9% |
| Year 5 | £258,849 | £94,599 | +£15,780 | +£55,629 | 56.8% |
Assumes 3.40% 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 (£97,910).
No forecast available.