Markwells Cottage, 39 Forestside Road, Forestside, Rowlands Castle, PO9 6EB
Estimate of £792k for this detached house. 462 sales in PO9 in the last 12 months; median £290k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£700,000
- SDLT standard£25,000
- SDLT BTL surcharge (5%)£35,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£762,100
Funding
- Deposit (25%)£175,000
- Mortgage (75% LTV)£525,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£237,100
Monthly Returns
- Monthly Rent (estimate)£2,850
- Mortgage Payment (IO)-£2,297
- Management (10%)-£285
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£168
Capital Returns
- 5yr Property Value£743,020
- 5yr Capital Gain (1.20% pa, historical)+£43,020
- 5yr Cumulative Rent (net)+£154,182
- Less mortgage interest-£137,820
- 5yr Total Return+£59,382
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 | £708,400 | £183,400 | +£2,016 | +£10,416 | 4.4% |
| Year 2 | £716,901 | £191,901 | +£4,644 | +£21,545 | 9.1% |
| Year 3 | £725,504 | £200,504 | +£7,898 | +£33,401 | 14.1% |
| Year 4 | £734,210 | £209,210 | +£11,803 | +£46,013 | 19.4% |
| Year 5 | £743,020 | £218,020 | +£16,362 | +£59,382 | 25.0% |
Modelled on the live asking price. Capital growth 1.20% a year is the PO9 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 (£237,100).
Price Forecast
No forecast available.