Flat 71, Newlands Terrace, 151 Queenstown Road, London, SW8 3RN
Estimate of £519k for this purpose built flat. 277 sales in SW8 in the last 12 months; median £545k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£500,000
- SDLT standard£15,000
- SDLT BTL surcharge (5%)£25,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£542,100
Funding
- Deposit (25%)£125,000
- Mortgage (75% LTV)£375,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£167,100
Monthly Returns
- Monthly Rent (estimate)£2,150
- Mortgage Payment (IO)-£1,641
- Management (10%)-£215
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£194
Capital Returns
- 5yr Property Value£454,271
- 5yr Capital Gain (-1.90% pa, historical)-£45,729
- 5yr Cumulative Rent (net, before lease costs)+£114,836
- Less mortgage interest-£98,460
- 5yr Total Return (before lease costs)-£29,353
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 | £490,500 | £115,500 | +£2,328 | -£7,172 | -4.3% |
| Year 2 | £481,180 | £106,180 | +£5,124 | -£13,696 | -8.2% |
| Year 3 | £472,038 | £97,038 | +£8,386 | -£19,576 | -11.7% |
| Year 4 | £463,069 | £88,069 | +£12,137 | -£24,793 | -14.8% |
| Year 5 | £454,271 | £79,271 | +£16,376 | -£29,353 | -17.6% |
Modelled on the live asking price. Capital growth -1.90% a year is the SW8 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 (£167,100).
Price Forecast
No forecast available.