Kilarney House, 26 Long Street, Wotton-under-Edge, GL12 7BT
Estimate of £249k for this flat/maisonette. 125 sales in GL12 in the last 12 months; median £388k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£475,000
- SDLT standard£13,750
- SDLT BTL surcharge (5%)£23,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£514,600
Funding
- Deposit (25%)£118,750
- Mortgage (75% LTV)£356,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£158,350
Monthly Returns
- Monthly Rent (estimate)£600
- Mortgage Payment (IO)-£1,559
- Management (10%)-£60
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£1,119
Capital Returns
- 5yr Property Value£514,742
- 5yr Capital Gain (1.62% pa, historical)+£39,742
- 5yr Cumulative Rent (net)+£27,725
- Less mortgage interest-£93,540
- 5yr Total Return-£26,073
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 | £482,695 | £126,445 | -£13,428 | -£5,733 | -3.6% |
| Year 2 | £490,515 | £134,265 | -£26,724 | -£11,209 | -7.1% |
| Year 3 | £498,461 | £142,211 | -£39,885 | -£16,424 | -10.4% |
| Year 4 | £506,536 | £150,286 | -£52,920 | -£21,384 | -13.5% |
| Year 5 | £514,742 | £158,492 | -£65,815 | -£26,073 | -16.5% |
Modelled on the live asking price. Capital growth 1.62% a year is the GL12 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 (£158,350).
Price Forecast
No forecast available.