Underwood Lodge, Underwood Drive, Rawdon, Leeds, LS19 6LA
Estimate of £1.24M for this detached house. 238 sales in LS19 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
- Estimated Value£1,242,000
- SDLT standard£67,950
- SDLT BTL surcharge (5%)£62,100
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£1,374,150
Funding
- Deposit (25%)£310,500
- Mortgage (75% LTV)£931,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£442,650
Monthly Returns
- Monthly Rent (estimate)£4,650
- Mortgage Payment (IO)-£4,075
- Management (10%)-£465
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£10
Capital Returns
- 5yr Property Value£1,242,000
- 5yr Capital Gain (0.00% pa, historical)+£0
- 5yr Cumulative Rent (net)+£255,357
- Less mortgage interest-£244,500
- 5yr Total Return+£10,857
Modelled on the estimated value: the property is not on the market. 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 | £1,242,000 | £310,500 | +£120 | +£120 | 0.0% |
| Year 2 | £1,242,000 | £310,500 | +£1,248 | +£1,248 | 0.3% |
| Year 3 | £1,242,000 | £310,500 | +£3,394 | +£3,394 | 0.8% |
| Year 4 | £1,242,000 | £310,500 | +£6,594 | +£6,594 | 1.5% |
| Year 5 | £1,242,000 | £310,500 | +£10,857 | +£10,857 | 2.5% |
Modelled on the estimated value: the property is not on the market. Capital growth 0.00% a year is the LS19 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 (£442,650).
Price Forecast
No forecast available.