Recent sale
CENTURY BUILDINGS, 14 ST MARYS PARSONAGE
£516k
Sale price
£/sqft
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Rent pcm
-
Yield
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Estimate of £269k for flat/maisonettes in Manchester. 244 transactions in the last 12 months; median £209k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £262,383 | £60,633 | +£4,656 | -£1,961 | -1.7% |
| Year 2 | £255,928 | £54,178 | +£9,312 | -£3,760 | -3.2% |
| Year 3 | £249,632 | £47,882 | +£13,968 | -£5,400 | -4.6% |
| Year 4 | £243,491 | £41,741 | +£18,624 | -£6,885 | -5.8% |
| Year 5 | £237,501 | £35,751 | +£23,280 | -£8,219 | -7.0% |
Assumes -2.46% 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 (£117,980).
No forecast available.