Mobile Home, Oak Cottage, South Street, Boughton under Blean, ME13 9NS
Estimate of £578k for this detached property. 337 sales in ME13 in the last 12 months; median £345k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£500,000
- SDLT standard£15,000
- SDLT BTL surcharge (5%)£25,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£542,100
Funding
- Deposit (25%)£125,000
- Mortgage (75% LTV)£375,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£167,100
Monthly Returns
- Monthly Rent (estimate)£1,900
- Mortgage Payment (IO)-£1,641
- Management (10%)-£190
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£31
Capital Returns
- 5yr Property Value£492,792
- 5yr Capital Gain (-0.29% pa, historical)-£7,208
- 5yr Cumulative Rent (net)+£100,772
- Less mortgage interest-£98,460
- 5yr Total Return-£4,896
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 | £498,550 | £123,550 | -£372 | -£1,822 | -1.1% |
| Year 2 | £497,104 | £122,104 | -£336 | -£3,232 | -1.9% |
| Year 3 | £495,663 | £120,663 | +£117 | -£4,220 | -2.5% |
| Year 4 | £494,225 | £119,225 | +£997 | -£4,778 | -2.9% |
| Year 5 | £492,792 | £117,792 | +£2,312 | -£4,896 | -2.9% |
Modelled on the live asking price. Capital growth -0.29% a year is the ME13 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 (£167,100).
Price Forecast
No forecast available.