Sunnybank, Pyworthy, Holsworthy, EX22 6SJ
Estimate of £622k for this detached bungalow. 118 sales in EX22 in the last 12 months; median £290k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£625,000
- SDLT standard£21,250
- SDLT BTL surcharge (5%)£31,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£679,600
Funding
- Deposit (25%)£156,250
- Mortgage (75% LTV)£468,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£210,850
Monthly Returns
- Monthly Rent (estimate)£1,950
- Mortgage Payment (IO)-£2,051
- Management (10%)-£195
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£396
Capital Returns
- 5yr Property Value£601,305
- 5yr Capital Gain (-0.77% pa, historical)-£23,695
- 5yr Cumulative Rent (net)+£103,595
- Less mortgage interest-£123,060
- 5yr Total Return-£43,160
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 | £620,188 | £151,438 | -£4,752 | -£9,564 | -4.5% |
| Year 2 | £615,412 | £146,662 | -£9,084 | -£18,672 | -8.9% |
| Year 3 | £610,673 | £141,923 | -£12,987 | -£27,313 | -13.0% |
| Year 4 | £605,971 | £137,221 | -£16,450 | -£35,479 | -16.8% |
| Year 5 | £601,305 | £132,555 | -£19,465 | -£43,160 | -20.5% |
Modelled on the live asking price. Capital growth -0.77% a year is the EX22 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 (£210,850).
Price Forecast
No forecast available.