Peewitt Hill, 4 Lynn Road, Castle Rising, PE31 6AE
Estimate of £712k for this detached house. 257 sales in PE31 in the last 12 months; median £325k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Estimated Value£712,000
- SDLT standard£25,600
- SDLT BTL surcharge (5%)£35,600
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£775,300
Funding
- Deposit (25%)£178,000
- Mortgage (75% LTV)£534,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£241,300
Monthly Returns
- Monthly Rent (estimate)£2,400
- Mortgage Payment (IO)-£2,336
- Management (10%)-£240
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£276
Capital Returns
- 5yr Property Value£746,469
- 5yr Capital Gain (0.95% pa, historical)+£34,469
- 5yr Cumulative Rent (net)+£128,876
- Less mortgage interest-£140,160
- 5yr Total Return+£23,185
Modelled on the estimated value: the property is not on the market. 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 | £718,764 | £184,764 | -£3,312 | +£3,452 | 1.4% |
| Year 2 | £725,592 | £191,592 | -£6,108 | +£7,484 | 3.1% |
| Year 3 | £732,485 | £198,485 | -£8,376 | +£12,109 | 5.0% |
| Year 4 | £739,444 | £205,444 | -£10,106 | +£17,338 | 7.2% |
| Year 5 | £746,469 | £212,469 | -£11,284 | +£23,185 | 9.6% |
Modelled on the estimated value: the property is not on the market. Capital growth 0.95% a year is the PE31 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 (£241,300).
Price Forecast
No forecast available.