Flat First Floor A, 73 Mellison Road, London, SW17 9AS
Estimate of £563k for this converted flat. 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
- Asking Price£725,000
- SDLT standard£26,250
- SDLT BTL surcharge (5%)£36,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£789,600
Funding
- Deposit (25%)£181,250
- Mortgage (75% LTV)£543,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£245,850
Monthly Returns
- Monthly Rent (estimate)£2,650
- Mortgage Payment (IO)-£2,379
- Management (10%)-£265
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)-£94
Capital Returns
- 5yr Property Value£731,183
- 5yr Capital Gain (0.17% pa, historical)+£6,183
- 5yr Cumulative Rent (net, before lease costs)+£142,940
- Less mortgage interest-£142,740
- 5yr Total Return (before lease costs)+£6,384
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 | £726,232 | £182,482 | -£1,128 | +£104 | 0.0% |
| Year 2 | £727,467 | £183,717 | -£1,680 | +£787 | 0.3% |
| Year 3 | £728,704 | £184,954 | -£1,655 | +£2,049 | 0.8% |
| Year 4 | £729,943 | £186,193 | -£1,029 | +£3,914 | 1.6% |
| Year 5 | £731,183 | £187,433 | +£200 | +£6,384 | 2.6% |
Modelled on the live asking price. 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 (£245,850).
Price Forecast
No forecast available.