Green Hedges, 42 High West Road, Crook, DL15 9NS
Estimate of £196k for this semi-detached house. 263 sales in DL15 in the last 12 months; median £110k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£234,995
- SDLT standard£2,200
- SDLT BTL surcharge (5%)£11,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£251,045
Funding
- Deposit (25%)£58,749
- Mortgage (75% LTV)£176,246
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£74,799
Monthly Returns
- Monthly Rent (estimate)£1,150
- Mortgage Payment (IO)-£771
- Management (10%)-£115
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£164
Capital Returns
- 5yr Property Value£246,249
- 5yr Capital Gain (0.94% pa, historical)+£11,254
- 5yr Cumulative Rent (net)+£58,640
- Less mortgage interest-£46,260
- 5yr Total Return+£23,634
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.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £237,204 | £60,958 | +£1,968 | +£4,177 | 5.6% |
| Year 2 | £239,434 | £63,187 | +£4,188 | +£8,627 | 11.5% |
| Year 3 | £241,684 | £65,438 | +£6,654 | +£13,343 | 17.8% |
| Year 4 | £243,956 | £67,710 | +£9,382 | +£18,343 | 24.5% |
| Year 5 | £246,249 | £70,003 | +£12,380 | +£23,634 | 31.6% |
Modelled on the live asking price. Capital growth 0.94% a year is the DL15 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. ROI is on cash required (£74,799).
Price Forecast
No forecast available.