Flat 5, 11 Peel Road, Bootle, L20 4RL
Estimate of £42k for this flat/maisonette. 321 sales in L20 in the last 12 months; median £120k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£32,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£0
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£34,100
Funding
- Deposit (25%)£8,000
- Mortgage (75% LTV)£24,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£10,100
Monthly Returns
- Monthly Rent (estimate)£250
- Mortgage Payment (IO)-£105
- Management (10%)-£25
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£20
Capital Returns
- 5yr Property Value£42,662
- 5yr Capital Gain (5.92% pa, historical)+£10,662
- 5yr Cumulative Rent (net, before lease costs)+£8,040
- Less mortgage interest-£6,300
- 5yr Total Return (before lease costs)+£12,402
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 | £33,894 | £9,894 | +£240 | +£2,134 | 21.1% |
| Year 2 | £35,901 | £11,901 | +£528 | +£4,429 | 43.9% |
| Year 3 | £38,026 | £14,026 | +£877 | +£6,903 | 68.4% |
| Year 4 | £40,277 | £16,277 | +£1,277 | +£9,554 | 94.6% |
| Year 5 | £42,662 | £18,662 | +£1,740 | +£12,402 | 122.8% |
Modelled on the live asking price. Capital growth 5.92% a year is the L20 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 (£10,100).
Price Forecast
No forecast available.