Flat 9, 1 Recovery Street, London, SW17 0DL

UPRN:10024085309Purpose Built Flat2 bedsBuilt 2012 onwards

LeaseholdCouncil Tax: Band DEPC: B (82)

Data freshness:Planning· 4mo agoEPC· 5mo agoRisk· 2y agoCrime· freshAmenities· 1mo agoArea· Census 2021Council Tax· 5mo ago

Valuation estimateUpdated yesterday

£457,000

Estimated value

Range: £434k - £480k|Last sold: £465k (2023-05-26)

Estimate of £457k for this purpose built flat. 635 sales in SW17 in the last 12 months; median £585k.

Estimate confidence

High confidence

Value History

Monthly AVM sale-value estimate

Current estimate

£457k

£434k - £480k - High confidence

Annualised (CAGR)

-0.64%

Over the full window

Peak estimate

£489k

Nov 2022

From peak

-6.54%

Drawdown from peak

AVM estimate (model)Repeat-sales index - SW17 district (quarterly)index YoY -6.72%

Growth by window

-0.87%

+0.66%

12m

-5.38%

24m

-4.79%

60m

-5.38%

Rental Market

Monthly

Estimated rent (pcm)

£2,150

/ month

Gross yield

5.65%

Rent ÷ estimated value

Net yield

3.91%

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

Vacancy trend

12-month change

Market Metrics

6 live signals

Median Area Price

£585k

SW17 sales, last 12 months

12m Price Growth

-2.4%

SW17 median, Land Registry

Days on Market

47d

SW17 average

Sales & Yield

3 metrics

Transactions / 12m

635

SW17 sales

Area Gross Yield

5.24%

SW17 medians

Last Sold

£465k

2023-05-26

Investment Analysis

Buy-to-let cashflow + capital returns

25% deposit · IO

Purchase

Estimated Value£457,000
SDLT standard£12,850
SDLT BTL surcharge (5%)£22,850
Legal, survey + broker (assumed)£2,100
RefurbishmentNot costed
Total Cost (excl. refurb)£494,800

Funding

Deposit (25%)£114,250
Mortgage (75% LTV)£342,750
Interest Rate (assumed)5.25%
Mortgage TypeInterest Only
Cash Required£152,050

Monthly Returns

Monthly Rent (estimate)£2,150
Mortgage Payment (IO)-£1,500
Management (10%)-£215
Insurance (assumed)-£40
Maintenance (assumed)-£60
Monthly Cashflow, before lease costs (not stated)+£335

Capital Returns

5yr Property Value£460,898
5yr Capital Gain (0.17% pa, historical)+£3,898
5yr Cumulative Rent (net, before lease costs)+£114,836
Less mortgage interest-£90,000
5yr Total Return (before lease costs)+£28,734

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

BTL · Interest Only

Year	Property Value	Equity	Cashflow (cumulative)	Total Return	ROI
Year 1	£457,777	£115,027	+£4,020	+£4,797	3.2%
Year 2	£458,555	£115,805	+£8,508	+£10,063	6.6%
Year 3	£459,335	£116,585	+£13,462	+£15,797	10.4%
Year 4	£460,116	£117,366	+£18,905	+£22,021	14.5%
Year 5	£460,898	£118,148	+£24,836	+£28,734	18.9%

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 (£152,050).

Price Forecast

No forecast available.

Demand & Supply

Median earnings (local authority)

Signal

1,909

Population

Signal

4.3%

Households Deprived

Upside Opportunities

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