Meadow View, East Street, Bole, Retford, DN22 9EW
Estimate of £315k 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£315,000
- SDLT standard£5,750
- SDLT BTL surcharge (5%)£15,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£338,600
Funding
- Deposit (25%)£78,750
- Mortgage (75% LTV)£236,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£102,350
Monthly Returns
- Monthly Rent (estimate)£1,300
- Mortgage Payment (IO)-£1,034
- Management (10%)-£130
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£36
Capital Returns
- 5yr Property Value£339,846
- 5yr Capital Gain (1.53% pa, historical)+£24,846
- 5yr Cumulative Rent (net)+£67,059
- Less mortgage interest-£62,040
- 5yr Total Return+£29,865
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 | £319,820 | £83,570 | +£432 | +£5,252 | 5.1% |
| Year 2 | £324,713 | £88,463 | +£1,140 | +£10,853 | 10.6% |
| Year 3 | £329,681 | £93,431 | +£2,142 | +£16,823 | 16.4% |
| Year 4 | £334,725 | £98,475 | +£3,433 | +£23,158 | 22.6% |
| Year 5 | £339,846 | £103,596 | +£5,019 | +£29,865 | 29.2% |
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 (£102,350).
Price Forecast
No forecast available.