101 Clarendon Road, Audenshaw, Manchester, M34 5GA
Estimate of £545k for this semi-detached house. 445 sales in M34 in the last 12 months; median £218k.
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)£3,150
- Mortgage Payment (IO)-£1,805
- Management (10%)-£315
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£930
Capital Returns
- 5yr Property Value£681,147
- 5yr Capital Gain (4.37% pa, historical)+£131,147
- 5yr Cumulative Rent (net)+£171,045
- Less mortgage interest-£108,300
- 5yr Total Return+£193,892
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 | £574,035 | £161,535 | +£11,160 | +£35,195 | 19.1% |
| Year 2 | £599,120 | £186,620 | +£23,004 | +£72,124 | 39.1% |
| Year 3 | £625,302 | £212,802 | +£35,535 | +£110,837 | 60.0% |
| Year 4 | £652,628 | £240,128 | +£48,781 | +£151,408 | 82.0% |
| Year 5 | £681,147 | £268,647 | +£62,745 | +£193,892 | 105.0% |
Modelled on the live asking price. Capital growth 4.37% a year is the M34 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.