Flat 7, 2 Recovery Street, London, SW17 0DL
Estimate of £486k for this flat/maisonette. 635 sales in SW17 in the last 12 months; median £585k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Estimated Value£486,000
- SDLT standard£14,300
- SDLT BTL surcharge (5%)£24,300
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£526,700
Funding
- Deposit (25%)£121,500
- Mortgage (75% LTV)£364,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£162,200
Monthly Returns
- Monthly Rent (estimate)£2,300
- Mortgage Payment (IO)-£1,595
- Management (10%)-£230
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£375
Capital Returns
- 5yr Property Value£490,145
- 5yr Capital Gain (0.17% pa, historical)+£4,145
- 5yr Cumulative Rent (net, before lease costs)+£123,268
- Less mortgage interest-£95,700
- 5yr Total Return (before lease costs)+£31,713
Modelled on the estimated value: the property is not on the market. 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 | £486,826 | £122,326 | +£4,500 | +£5,326 | 3.3% |
| Year 2 | £487,654 | £123,154 | +£9,492 | +£11,146 | 6.9% |
| Year 3 | £488,483 | £123,983 | +£14,999 | +£17,482 | 10.8% |
| Year 4 | £489,313 | £124,813 | +£21,020 | +£24,334 | 15.0% |
| Year 5 | £490,145 | £125,645 | +£27,568 | +£31,713 | 19.6% |
Modelled on the estimated value: the property is not on the market. Capital growth 0.17% a year is the SW17 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 (£162,200).
Price Forecast
No forecast available.