23 Old Boatyard Lane, Worsley, Manchester, M28 2AJ

UPRN:10070744996Semi-Detached House4 bedsBuilt 2007-2011

LeaseholdCouncil Tax: Band EEPC: C (78)

Data freshness:Listing· freshPlanning· 4mo agoEPC· 5mo agoRisk· 2y agoAmenities· 1mo agoArea· Census 2021Council Tax· 5mo ago

Valuation estimateUpdated today

£434,000

Estimated value

Range: £412k - £455k|Last sold: £269k (2015-07-20)

Estimate of £434k for this semi-detached house. 479 sales in M28 in the last 12 months; median £265k.

Estimate confidence

High confidence

Value History

Monthly AVM sale-value estimate

Current estimate

£434k

£412k - £455k - High confidence

Annualised (CAGR)

+0.56%

Over the full window

Peak estimate

£543k

Oct 2022

From peak

-20.07%

Drawdown from peak

AVM estimate (model)Repeat-sales index - M28 district (quarterly)index YoY +2.17%

Growth by window

-8.05%

-18.73%

12m

-18.57%

24m

-15.56%

60m

-7.26%

Rental Market

Monthly

Estimated rent (pcm)

£2,300

/ month

Gross yield

6.34%

Rent ÷ asking price

Net yield

4.40%

Assumes ~31% running costs (not this property's)

Vacancy trend

12-month change

Market Metrics

6 live signals

Median Area Price

£265k

M28 sales, last 12 months

12m Price Growth

M28 median, Land Registry

Days on Market

67d

M28 average

Sales & Yield

3 metrics

Transactions / 12m

479

M28 sales

Area Gross Yield

3.94%

M28 medians

Last Sold

£269k

2015-07-20

Investment Analysis

Buy-to-let cashflow + capital returns

25% deposit · IO

Purchase

Asking Price£435,000
SDLT standard£11,750
SDLT BTL surcharge (5%)£21,750
Legal, survey + broker (assumed)£2,100
RefurbishmentNot costed
Total Cost (excl. refurb)£470,600

Funding

Deposit (25%)£108,750
Mortgage (75% LTV)£326,250
Interest Rate (assumed)5.25%
Mortgage TypeInterest Only
Cash Required£144,350

Monthly Returns

Monthly Rent (estimate)£2,300
Mortgage Payment (IO)-£1,427
Management (10%)-£230
Insurance (assumed)-£40
Maintenance (assumed)-£60
Monthly Cashflow, before lease costs (not stated)+£543

Capital Returns

5yr Property Value£480,275
5yr Capital Gain (2.00% pa, historical)+£45,275
5yr Cumulative Rent (net, before lease costs)+£123,268
Less mortgage interest-£85,620
5yr Total Return (before lease costs)+£82,923

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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.

5-Year Projection

BTL · Interest Only

Year	Property Value	Equity	Cashflow (cumulative)	Total Return	ROI
Year 1	£443,700	£117,450	+£6,516	+£15,216	10.5%
Year 2	£452,574	£126,324	+£13,524	+£31,098	21.5%
Year 3	£461,625	£135,375	+£21,047	+£47,673	33.0%
Year 4	£470,858	£144,608	+£29,084	+£64,942	45.0%
Year 5	£480,275	£154,025	+£37,648	+£82,923	57.4%

Modelled on the live asking price. Capital growth 2.00% a year is the M28 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. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£144,350).

Price Forecast

No forecast available.

Demand & Supply

Median earnings (local authority)

Signal

1,933

Population

Signal

0.8%

Households Deprived

Upside Opportunities

0 levers