Mulberry House, Witham Friary, Frome, BA11 5HF
Estimate of £1.22M 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£1,250,000
- SDLT standard£68,750
- SDLT BTL surcharge (5%)£62,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£1,383,350
Funding
- Deposit (25%)£312,500
- Mortgage (75% LTV)£937,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£445,850
Monthly Returns
- Monthly Rent (estimate)£3,750
- Mortgage Payment (IO)-£4,102
- Management (10%)-£375
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£827
Capital Returns
- 5yr Property Value£1,250,000
- 5yr Capital Gain (0.00% pa, historical)+£0
- 5yr Cumulative Rent (net)+£204,770
- Less mortgage interest-£246,120
- 5yr Total Return-£41,350
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 | £1,250,000 | £312,500 | -£9,924 | -£9,924 | -2.2% |
| Year 2 | £1,250,000 | £312,500 | -£19,032 | -£19,032 | -4.3% |
| Year 3 | £1,250,000 | £312,500 | -£27,318 | -£27,318 | -6.1% |
| Year 4 | £1,250,000 | £312,500 | -£34,764 | -£34,764 | -7.8% |
| Year 5 | £1,250,000 | £312,500 | -£41,350 | -£41,350 | -9.3% |
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 (£445,850).
Price Forecast
No forecast available.