Recent sale
LEE SCHOOL HOUSE
£215k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Estimate of £846k for detached houses in Morpeth. 272 transactions in the last 12 months; median £260k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £859,621 | £225,121 | -£8,148 | +£5,473 | 1.5% |
| Year 2 | £873,460 | £238,960 | -£16,296 | +£11,164 | 3.1% |
| Year 3 | £887,523 | £253,023 | -£24,444 | +£17,079 | 4.7% |
| Year 4 | £901,812 | £267,312 | -£32,592 | +£23,220 | 6.4% |
| Year 5 | £916,332 | £281,832 | -£40,740 | +£29,592 | 8.2% |
Assumes 1.61% pa capital growth (API forecast), 3.0% rental growth, 5.25% IO mortgage held for 5 years, light refurb completed year 0. ROI is on total cash invested (£360,320).
No forecast available.