Joade, Stonehouse Road, Upwell, Wisbech, PE14 9DX
Estimate of £606k for this detached bungalow. 229 sales in PE14 in the last 12 months; median £270k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£4,900
- SDLT standard£0
- SDLT BTL surcharge (5%)£0
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£7,000
Funding
- Deposit (25%)£1,225
- Mortgage (75% LTV)£3,675
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£3,325
Monthly Returns
- Monthly Rent (estimate)£2,050
- Mortgage Payment (IO)-£16
- Management (10%)-£205
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£1,729
Capital Returns
- 5yr Property Value£5,276
- 5yr Capital Gain (1.49% pa, historical)+£376
- 5yr Cumulative Rent (net)+£109,215
- Less mortgage interest-£960
- 5yr Total Return+£108,631
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 | £4,973 | £1,298 | +£20,748 | +£20,821 | 626.2% |
| Year 2 | £5,047 | £1,372 | +£41,940 | +£42,087 | 1265.8% |
| Year 3 | £5,122 | £1,447 | +£63,586 | +£63,808 | 1919.0% |
| Year 4 | £5,199 | £1,524 | +£85,684 | +£85,982 | 2585.9% |
| Year 5 | £5,276 | £1,601 | +£108,255 | +£108,631 | 3267.1% |
Modelled on the live asking price. Capital growth 1.49% a year is the PE14 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 (£3,325).
Price Forecast
No forecast available.