Recent sale
242 NEWMARKET ROAD
£440k
Sale price
£/sqft
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Rent pcm
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Yield
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Estimate of £440k for detached bungalows in Greater Manchester. 134 transactions in the last 12 months; median £176k.
Buy-to-let cashflow + capital returns
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £461,956 | £131,956 | -£1,512 | +£20,444 | 10.8% |
| Year 2 | £485,008 | £155,008 | -£3,024 | +£41,984 | 22.1% |
| Year 3 | £509,209 | £179,209 | -£4,536 | +£64,673 | 34.1% |
| Year 4 | £534,619 | £204,619 | -£6,048 | +£88,571 | 46.7% |
| Year 5 | £561,297 | £231,297 | -£7,560 | +£113,737 | 59.9% |
Assumes 4.99% pa capital growth (API forecast), 3.0% rental growth, 5.25% IO mortgage held for 5 years, light refurb completed year 0. ROI is on total cash invested (£189,800).
No forecast available.