Oldbury, The Common, Stuston, Diss, IP21 4AB
Estimate of £146k for this bungalow property. 121 sales in IP21 in the last 12 months; median £340k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£130,000
- SDLT standard£100
- SDLT BTL surcharge (5%)£6,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£138,700
Funding
- Deposit (25%)£32,500
- Mortgage (75% LTV)£97,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£41,200
Monthly Returns
- Monthly Rent (estimate)£400
- Mortgage Payment (IO)-£427
- Management (10%)-£40
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£167
Capital Returns
- 5yr Property Value£136,024
- 5yr Capital Gain (0.91% pa, historical)+£6,024
- 5yr Cumulative Rent (net)+£16,483
- Less mortgage interest-£25,620
- 5yr Total Return-£3,113
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 | £131,183 | £33,683 | -£2,004 | -£821 | -2.0% |
| Year 2 | £132,377 | £34,877 | -£3,924 | -£1,547 | -3.8% |
| Year 3 | £133,581 | £36,081 | -£5,758 | -£2,177 | -5.3% |
| Year 4 | £134,797 | £37,297 | -£7,492 | -£2,695 | -6.5% |
| Year 5 | £136,024 | £38,524 | -£9,137 | -£3,113 | -7.6% |
Modelled on the live asking price. Capital growth 0.91% a year is the IP21 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 (£41,200).
Price Forecast
No forecast available.