Madras Bungalow, Broadway, Laugharne, Carmarthen, SA33 4NU
Estimate of £410k for this semi-detached house. 92 sales in SA33 in the last 12 months; median £232k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£21,995
- SDLT standard£0
- SDLT BTL surcharge (5%)£0
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£24,095
Funding
- Deposit (25%)£5,499
- Mortgage (75% LTV)£16,496
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£7,599
Monthly Returns
- Monthly Rent (estimate)£1,600
- Mortgage Payment (IO)-£72
- Management (10%)-£160
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£1,268
Capital Returns
- 5yr Property Value£20,446
- 5yr Capital Gain (-1.45% pa, historical)-£1,549
- 5yr Cumulative Rent (net)+£83,934
- Less mortgage interest-£4,320
- 5yr Total Return+£78,065
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 | £21,676 | £5,180 | +£15,216 | +£14,897 | 196.0% |
| Year 2 | £21,362 | £4,866 | +£30,780 | +£30,147 | 396.7% |
| Year 3 | £21,052 | £4,556 | +£46,700 | +£45,757 | 602.2% |
| Year 4 | £20,747 | £4,251 | +£62,971 | +£61,723 | 812.3% |
| Year 5 | £20,446 | £3,950 | +£79,614 | +£78,065 | 1027.3% |
Modelled on the live asking price. Capital growth -1.45% a year is the SA33 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 (£7,599).
Price Forecast
No forecast available.