Moon Cottage, Top Lane, Mells, Frome, BA11 3QN
Estimate of £619k for this detached house. 431 sales in BA11 in the last 12 months; median £320k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£900,000
- SDLT standard£35,000
- SDLT BTL surcharge (5%)£45,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£982,100
Funding
- Deposit (25%)£225,000
- Mortgage (75% LTV)£675,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£307,100
Monthly Returns
- Monthly Rent (estimate)£2,300
- Mortgage Payment (IO)-£2,953
- Management (10%)-£230
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£983
Capital Returns
- 5yr Property Value£900,000
- 5yr Capital Gain (0.00% pa, historical)+£0
- 5yr Cumulative Rent (net)+£123,268
- Less mortgage interest-£177,180
- 5yr Total Return-£53,912
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 | £900,000 | £225,000 | -£11,796 | -£11,796 | -3.8% |
| Year 2 | £900,000 | £225,000 | -£23,100 | -£23,100 | -7.5% |
| Year 3 | £900,000 | £225,000 | -£33,889 | -£33,889 | -11.0% |
| Year 4 | £900,000 | £225,000 | -£44,164 | -£44,164 | -14.4% |
| Year 5 | £900,000 | £225,000 | -£53,912 | -£53,912 | -17.6% |
Modelled on the live asking price. Capital growth 0.00% a year is the BA11 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 (£307,100).
Price Forecast
No forecast available.