Sunny Side, Mill Lane, Eastry, Sandwich, CT13 0LG
Estimate of £638k for this detached house. 116 sales in CT13 in the last 12 months; median £336k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£650,000
- SDLT standard£22,500
- SDLT BTL surcharge (5%)£32,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£707,100
Funding
- Deposit (25%)£162,500
- Mortgage (75% LTV)£487,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£219,600
Monthly Returns
- Monthly Rent (estimate)£3,000
- Mortgage Payment (IO)-£2,133
- Management (10%)-£300
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£467
Capital Returns
- 5yr Property Value£693,705
- 5yr Capital Gain (1.31% pa, historical)+£43,705
- 5yr Cumulative Rent (net)+£162,613
- Less mortgage interest-£127,980
- 5yr Total Return+£78,339
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 | £658,515 | £171,015 | +£5,604 | +£14,119 | 6.4% |
| Year 2 | £667,142 | £179,642 | +£11,856 | +£28,998 | 13.2% |
| Year 3 | £675,881 | £188,381 | +£18,770 | +£44,652 | 20.3% |
| Year 4 | £684,735 | £197,235 | +£26,362 | +£61,097 | 27.8% |
| Year 5 | £693,705 | £206,205 | +£34,633 | +£78,339 | 35.7% |
Modelled on the live asking price. Capital growth 1.31% a year is the CT13 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 (£219,600).
Price Forecast
No forecast available.