Wadsworth Barns, Wadsworth Farm, Crook, DL15 8AU
Estimate of £1.79M for this detached property. 263 sales in DL15 in the last 12 months; median £110k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£1,800,000
- SDLT standard£129,750
- SDLT BTL surcharge (5%)£90,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£2,021,850
Funding
- Deposit (25%)£450,000
- Mortgage (75% LTV)£1,350,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£671,850
Monthly Returns
- Monthly Rent (estimate)£6,650
- Mortgage Payment (IO)-£5,906
- Management (10%)-£665
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£21
Capital Returns
- 5yr Property Value£1,886,206
- 5yr Capital Gain (0.94% pa, historical)+£86,206
- 5yr Cumulative Rent (net)+£367,750
- Less mortgage interest-£354,360
- 5yr Total Return+£99,596
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 | £1,816,920 | £466,920 | -£252 | +£16,668 | 2.5% |
| Year 2 | £1,833,999 | £483,999 | +£936 | +£34,935 | 5.2% |
| Year 3 | £1,851,239 | £501,239 | +£3,584 | +£54,823 | 8.2% |
| Year 4 | £1,868,640 | £518,640 | +£7,724 | +£76,365 | 11.4% |
| Year 5 | £1,886,206 | £536,206 | +£13,390 | +£99,596 | 14.8% |
Modelled on the live asking price. Capital growth 0.94% a year is the DL15 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 (£671,850).
Price Forecast
No forecast available.