Wishing Well Cottage, High Street, Inkberrow, Worcester, WR7 4DY
Estimate of £559k for this detached house. 49 sales in WR7 in the last 12 months; median £485k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£550,000
- SDLT standard£17,500
- SDLT BTL surcharge (5%)£27,500
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£597,100
Funding
- Deposit (25%)£137,500
- Mortgage (75% LTV)£412,500
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£184,600
Monthly Returns
- Monthly Rent (estimate)£1,450
- Mortgage Payment (IO)-£1,805
- Management (10%)-£145
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£600
Capital Returns
- 5yr Property Value£627,758
- 5yr Capital Gain (2.68% pa, historical)+£77,758
- 5yr Cumulative Rent (net)+£75,490
- Less mortgage interest-£108,300
- 5yr Total Return+£44,948
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 | £564,740 | £152,240 | -£7,200 | +£7,540 | 4.1% |
| Year 2 | £579,875 | £167,375 | -£14,088 | +£15,787 | 8.6% |
| Year 3 | £595,416 | £182,916 | -£20,657 | +£24,759 | 13.4% |
| Year 4 | £611,373 | £198,873 | -£26,900 | +£34,473 | 18.7% |
| Year 5 | £627,758 | £215,258 | -£32,810 | +£44,948 | 24.3% |
Modelled on the live asking price. Capital growth 2.68% a year is the WR7 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 (£184,600).
Price Forecast
No forecast available.