Mayfield, Marsh Lane, Saundby, Retford, DN22 9ES
Estimate of £361k for this detached house. 410 sales in DN22 in the last 12 months; median £205k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£365,000
- SDLT standard£8,250
- SDLT BTL surcharge (5%)£18,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£393,600
Funding
- Deposit (25%)£91,250
- Mortgage (75% LTV)£273,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£119,850
Monthly Returns
- Monthly Rent (estimate)£1,500
- Mortgage Payment (IO)-£1,198
- Management (10%)-£150
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£52
Capital Returns
- 5yr Property Value£393,790
- 5yr Capital Gain (1.53% pa, historical)+£28,790
- 5yr Cumulative Rent (net)+£78,313
- Less mortgage interest-£71,880
- 5yr Total Return+£35,223
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 | £370,585 | £96,835 | +£624 | +£6,209 | 5.2% |
| Year 2 | £376,254 | £102,504 | +£1,572 | +£12,826 | 10.7% |
| Year 3 | £382,011 | £108,261 | +£2,851 | +£19,862 | 16.6% |
| Year 4 | £387,856 | £114,106 | +£4,469 | +£27,325 | 22.8% |
| Year 5 | £393,790 | £120,040 | +£6,433 | +£35,223 | 29.4% |
Modelled on the live asking price. Capital growth 1.53% a year is the DN22 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 (£119,850).
Price Forecast
No forecast available.