Rosewood, Church Lane, Eston, Middlesbrough, TS6 6TR
Estimate of £194k for this detached property. 313 sales in TS6 in the last 12 months; median £125k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£320,000
- SDLT standard£6,000
- SDLT BTL surcharge (5%)£16,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£344,100
Funding
- Deposit (25%)£80,000
- Mortgage (75% LTV)£240,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£104,100
Monthly Returns
- Monthly Rent (estimate)£1,200
- Mortgage Payment (IO)-£1,050
- Management (10%)-£120
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£70
Capital Returns
- 5yr Property Value£380,979
- 5yr Capital Gain (3.55% pa, historical)+£60,979
- 5yr Cumulative Rent (net)+£61,450
- Less mortgage interest-£63,000
- 5yr Total Return+£59,429
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 | £331,360 | £91,360 | -£840 | +£10,520 | 10.1% |
| Year 2 | £343,123 | £103,123 | -£1,416 | +£21,707 | 20.9% |
| Year 3 | £355,304 | £115,304 | -£1,734 | +£33,570 | 32.2% |
| Year 4 | £367,917 | £127,917 | -£1,777 | +£46,141 | 44.3% |
| Year 5 | £380,979 | £140,979 | -£1,550 | +£59,429 | 57.1% |
Modelled on the live asking price. Capital growth 3.55% a year is the TS6 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 (£104,100).
Price Forecast
No forecast available.