Flat 59, 4 City Walk, Leeds, LS11 9BF
Estimate of £193k for this flat/maisonette. 278 sales in LS11 in the last 12 months; median £145k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£180,000
- SDLT standard£1,100
- SDLT BTL surcharge (5%)£9,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£192,200
Funding
- Deposit (25%)£45,000
- Mortgage (75% LTV)£135,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£57,200
Monthly Returns
- Monthly Rent (estimate)£1,100
- Mortgage Payment (IO)-£591
- Management (10%)-£110
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£299
Capital Returns
- 5yr Property Value£227,009
- 5yr Capital Gain (4.75% pa, historical)+£47,009
- 5yr Cumulative Rent (net, before lease costs)+£55,829
- Less mortgage interest-£35,460
- 5yr Total Return (before lease costs)+£67,378
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 | £188,550 | £53,550 | +£3,588 | +£12,138 | 21.2% |
| Year 2 | £197,506 | £62,506 | +£7,416 | +£24,922 | 43.6% |
| Year 3 | £206,888 | £71,888 | +£11,489 | +£38,377 | 67.1% |
| Year 4 | £216,715 | £81,715 | +£15,801 | +£52,516 | 91.8% |
| Year 5 | £227,009 | £92,009 | +£20,369 | +£67,378 | 117.8% |
Modelled on the live asking price. Capital growth 4.75% a year is the LS11 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 (£57,200).
Price Forecast
No forecast available.