Plawfield House, 66 Baptist Road, Upwell, Wisbech, PE14 9DU
Estimate of £253k for this detached house. 229 sales in PE14 in the last 12 months; median £270k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£3,900
- SDLT standard£0
- SDLT BTL surcharge (5%)£0
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£6,000
Funding
- Deposit (25%)£975
- Mortgage (75% LTV)£2,925
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£3,075
Monthly Returns
- Monthly Rent (estimate)£850
- Mortgage Payment (IO)-£13
- Management (10%)-£85
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£652
Capital Returns
- 5yr Property Value£4,199
- 5yr Capital Gain (1.49% pa, historical)+£299
- 5yr Cumulative Rent (net)+£41,777
- Less mortgage interest-£780
- 5yr Total Return+£41,297
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 | £3,958 | £1,033 | +£7,824 | +£7,882 | 256.3% |
| Year 2 | £4,017 | £1,092 | +£15,828 | +£15,945 | 518.5% |
| Year 3 | £4,077 | £1,152 | +£24,028 | +£24,205 | 787.2% |
| Year 4 | £4,138 | £1,213 | +£32,416 | +£32,654 | 1061.9% |
| Year 5 | £4,199 | £1,274 | +£40,997 | +£41,297 | 1343.0% |
Modelled on the live asking price. Capital growth 1.49% a year is the PE14 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 (£3,075).
Price Forecast
No forecast available.