The Anchorage, Broad Farm Barns, Back Lane, Rollesby, Great Yarmouth, NR29 5EE
Estimate of £212k for this terraced bungalow. 281 sales in NR29 in the last 12 months; median £245k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£215,000
- SDLT standard£1,800
- SDLT BTL surcharge (5%)£10,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£229,650
Funding
- Deposit (25%)£53,750
- Mortgage (75% LTV)£161,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£68,400
Monthly Returns
- Monthly Rent (estimate)£950
- Mortgage Payment (IO)-£705
- Management (10%)-£95
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£50
Capital Returns
- 5yr Property Value£229,004
- 5yr Capital Gain (1.27% pa, historical)+£14,004
- 5yr Cumulative Rent (net)+£47,386
- Less mortgage interest-£42,300
- 5yr Total Return+£19,090
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 | £217,730 | £56,480 | +£600 | +£3,330 | 4.9% |
| Year 2 | £220,496 | £59,246 | +£1,404 | +£6,900 | 10.1% |
| Year 3 | £223,296 | £62,046 | +£2,417 | +£10,713 | 15.7% |
| Year 4 | £226,132 | £64,882 | +£3,642 | +£14,774 | 21.6% |
| Year 5 | £229,004 | £67,754 | +£5,086 | +£19,090 | 27.9% |
Modelled on the live asking price. Capital growth 1.27% a year is the NR29 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 (£68,400).
Price Forecast
No forecast available.