Rosalie, Bromley Green Road, Ruckinge, Ashford, TN26 2EF
Estimate of £336k for this bungalow property. 94 sales in TN26 in the last 12 months; median £500k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£325,000
- SDLT standard£6,250
- SDLT BTL surcharge (5%)£16,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£349,600
Funding
- Deposit (25%)£81,250
- Mortgage (75% LTV)£243,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£105,850
Monthly Returns
- Monthly Rent (estimate)£1,300
- Mortgage Payment (IO)-£1,066
- Management (10%)-£130
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£4
Capital Returns
- 5yr Property Value£379,700
- 5yr Capital Gain (3.16% pa, historical)+£54,700
- 5yr Cumulative Rent (net)+£67,059
- Less mortgage interest-£63,960
- 5yr Total Return+£57,799
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 | £335,270 | £91,520 | +£48 | +£10,318 | 9.7% |
| Year 2 | £345,865 | £102,115 | +£372 | +£21,237 | 20.1% |
| Year 3 | £356,794 | £113,044 | +£990 | +£32,784 | 31.0% |
| Year 4 | £368,069 | £124,319 | +£1,897 | +£44,966 | 42.5% |
| Year 5 | £379,700 | £135,950 | +£3,099 | +£57,799 | 54.6% |
Modelled on the live asking price. Capital growth 3.16% a year is the TN26 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 (£105,850).
Price Forecast
No forecast available.