Mount Pleasant House, Harrowbarrow, Callington, PL17 8JL
Estimate of £714k for this detached house. 122 sales in PL17 in the last 12 months; median £261k.
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)£2,050
- Mortgage Payment (IO)-£2,297
- Management (10%)-£205
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£552
Capital Returns
- 5yr Property Value£703,507
- 5yr Capital Gain (0.10% pa, historical)+£3,507
- 5yr Cumulative Rent (net)+£109,215
- Less mortgage interest-£137,820
- 5yr Total Return-£25,098
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 | £700,700 | £175,700 | -£6,624 | -£5,924 | -2.5% |
| Year 2 | £701,401 | £176,401 | -£12,804 | -£11,403 | -4.8% |
| Year 3 | £702,102 | £177,102 | -£18,530 | -£16,428 | -6.9% |
| Year 4 | £702,804 | £177,804 | -£23,804 | -£21,000 | -8.9% |
| Year 5 | £703,507 | £178,507 | -£28,605 | -£25,098 | -10.6% |
Modelled on the live asking price. Capital growth 0.10% a year is the PL17 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.