Whatcombe Farm, Jacks Lane, Spring Gardens, Frome, BA11 3NL
Estimate of £2.31M for this detached property. 431 sales in BA11 in the last 12 months; median £320k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£2,395,000
- SDLT standard£201,150
- SDLT BTL surcharge (5%)£119,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£2,718,000
Funding
- Deposit (25%)£598,750
- Mortgage (75% LTV)£1,796,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£921,750
Monthly Returns
- Monthly Rent (estimate)£8,700
- Mortgage Payment (IO)-£7,859
- Management (10%)-£870
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£129
Capital Returns
- 5yr Property Value£2,395,000
- 5yr Capital Gain (0.00% pa, historical)+£0
- 5yr Cumulative Rent (net)+£482,978
- Less mortgage interest-£471,540
- 5yr Total Return+£11,438
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 | £2,395,000 | £598,750 | -£1,548 | -£1,548 | -0.2% |
| Year 2 | £2,395,000 | £598,750 | -£1,212 | -£1,212 | -0.1% |
| Year 3 | £2,395,000 | £598,750 | +£1,038 | +£1,038 | 0.1% |
| Year 4 | £2,395,000 | £598,750 | +£5,244 | +£5,244 | 0.6% |
| Year 5 | £2,395,000 | £598,750 | +£11,438 | +£11,438 | 1.2% |
Modelled on the live asking price. Capital growth 0.00% a year is the BA11 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 (£921,750).
Price Forecast
No forecast available.