Flat 5, 4 Richmond Road, Exeter, EX4 4JA

UPRN:100041142704Converted Flat2 bedsBuilt before 1900

LeaseholdCouncil Tax: -EPC: E (39)

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

Valuation estimateUpdated today

£164,000

Estimated value

Range: £156k - £172k|Last sold: -- (-)

Estimate of £164k for this converted flat. 440 sales in EX4 in the last 12 months; median £281k.

Estimate confidence

High confidence

Value History

Monthly AVM sale-value estimate

Current estimate

£164k

£156k - £172k - High confidence

Annualised (CAGR)

-4.12%

Over the full window

Peak estimate

£191k

Sep 2023

From peak

-14.14%

Drawdown from peak

AVM estimate (model)Repeat-sales index - EX4 district (quarterly)index YoY -2.23%

Growth by window

-5.20%

-8.89%

12m

-11.35%

24m

-11.35%

60m

Rental Market

Monthly

Estimated rent (pcm)

£850

/ month

Gross yield

6.80%

Rent ÷ asking price

Net yield

4.71%

Assumes ~31% running costs (not this property's)

Vacancy trend

12-month change

Market Metrics

6 live signals

Median Area Price

£281k

EX4 sales, last 12 months

12m Price Growth

+20.6%

EX4 median, Land Registry

Days on Market

46d

EX4 average

Sales & Yield

3 metrics

Transactions / 12m

440

EX4 sales

Area Gross Yield

7.24%

EX4 medians

Last Sold

Investment Analysis

Buy-to-let cashflow + capital returns

25% deposit · IO

Purchase

Asking Price£150,000
SDLT standard£500
SDLT BTL surcharge (5%)£7,500
Legal, survey + broker (assumed)£2,100
RefurbishmentNot costed
Total Cost (excl. refurb)£160,100

Funding

Deposit (25%)£37,500
Mortgage (75% LTV)£112,500
Interest Rate (assumed)5.25%
Mortgage TypeInterest Only
Cash Required£47,600

Monthly Returns

Monthly Rent (estimate)£850
Mortgage Payment (IO)-£492
Management (10%)-£85
Insurance (assumed)-£40
Maintenance (assumed)-£60
Monthly Cashflow, before lease costs (not stated)+£173

Capital Returns

5yr Property Value£161,832
5yr Capital Gain (1.53% pa, historical)+£11,832
5yr Cumulative Rent (net, before lease costs)+£41,777
Less mortgage interest-£29,520
5yr Total Return (before lease costs)+£24,089

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	£152,295	£39,795	+£2,076	+£4,371	9.2%
Year 2	£154,625	£42,125	+£4,332	+£8,957	18.8%
Year 3	£156,991	£44,491	+£6,784	+£13,775	28.9%
Year 4	£159,393	£46,893	+£9,424	+£18,817	39.5%
Year 5	£161,832	£49,332	+£12,257	+£24,089	50.6%

Modelled on the live asking price. Capital growth 1.53% a year is the EX4 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 (£47,600).

Price Forecast

No forecast available.

Demand & Supply

Median earnings (local authority)

Signal

2,797

Population

Signal

3.5%

Households Deprived

Upside Opportunities

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