Trekadannack, Rilla Mill, Callington, PL17 7NT
Estimate of £452k for this detached house. 122 sales in PL17 in the last 12 months; median £261k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£495,000
- SDLT standard£14,750
- SDLT BTL surcharge (5%)£24,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£536,600
Funding
- Deposit (25%)£123,750
- Mortgage (75% LTV)£371,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£165,350
Monthly Returns
- Monthly Rent (estimate)£1,300
- Mortgage Payment (IO)-£1,624
- Management (10%)-£130
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£554
Capital Returns
- 5yr Property Value£497,480
- 5yr Capital Gain (0.10% pa, historical)+£2,480
- 5yr Cumulative Rent (net)+£67,059
- Less mortgage interest-£97,440
- 5yr Total Return-£27,901
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 | £495,495 | £124,245 | -£6,648 | -£6,153 | -3.7% |
| Year 2 | £495,990 | £124,740 | -£13,020 | -£12,030 | -7.3% |
| Year 3 | £496,486 | £125,236 | -£19,098 | -£17,611 | -10.7% |
| Year 4 | £496,983 | £125,733 | -£24,887 | -£22,904 | -13.9% |
| Year 5 | £497,480 | £126,230 | -£30,381 | -£27,901 | -16.9% |
Modelled on the live asking price. Capital growth 0.10% a year is the PL17 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 (£165,350).
Price Forecast
No forecast available.