Hillcrest, Maundown Road, Wiveliscombe, Taunton, TA4 2BU
Estimate of £491k for this detached bungalow. 201 sales in TA4 in the last 12 months; median £305k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£22,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£0
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£24,100
Funding
- Deposit (25%)£5,500
- Mortgage (75% LTV)£16,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£7,600
Monthly Returns
- Monthly Rent (estimate)£1,700
- Mortgage Payment (IO)-£72
- Management (10%)-£170
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£1,358
Capital Returns
- 5yr Property Value£20,182
- 5yr Capital Gain (-1.71% pa, historical)-£1,818
- 5yr Cumulative Rent (net)+£89,554
- Less mortgage interest-£4,320
- 5yr Total Return+£83,417
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 | £21,624 | £5,124 | +£16,296 | +£15,920 | 209.5% |
| Year 2 | £21,254 | £4,754 | +£32,964 | +£32,218 | 423.9% |
| Year 3 | £20,891 | £4,391 | +£50,000 | +£48,891 | 643.3% |
| Year 4 | £20,533 | £4,033 | +£67,425 | +£65,958 | 867.9% |
| Year 5 | £20,182 | £3,682 | +£85,234 | +£83,417 | 1097.6% |
Modelled on the live asking price. Capital growth -1.71% a year is the TA4 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 (£7,600).
Price Forecast
No forecast available.