The Old School, Main Street, Chelmorton, Buxton, SK17 9SL
Estimate of £802k for this detached house. 357 sales in SK17 in the last 12 months; median £260k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£825,000
- SDLT standard£31,250
- SDLT BTL surcharge (5%)£41,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£899,600
Funding
- Deposit (25%)£206,250
- Mortgage (75% LTV)£618,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£280,850
Monthly Returns
- Monthly Rent (estimate)£2,750
- Mortgage Payment (IO)-£2,707
- Management (10%)-£275
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£332
Capital Returns
- 5yr Property Value£988,391
- 5yr Capital Gain (3.68% pa, historical)+£163,391
- 5yr Cumulative Rent (net)+£148,561
- Less mortgage interest-£162,420
- 5yr Total Return+£149,533
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 | £855,360 | £236,610 | -£3,984 | +£26,376 | 9.4% |
| Year 2 | £886,837 | £268,087 | -£7,368 | +£54,469 | 19.4% |
| Year 3 | £919,473 | £300,723 | -£10,151 | +£84,322 | 30.0% |
| Year 4 | £953,309 | £334,559 | -£12,319 | +£115,991 | 41.3% |
| Year 5 | £988,391 | £369,641 | -£13,859 | +£149,533 | 53.2% |
Modelled on the live asking price. Capital growth 3.68% a year is the SK17 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 (£280,850).
Price Forecast
No forecast available.