42 Arthur Street, Swinton, Manchester, M27 0JZ
Estimate of £239k for this mid terrace house. 449 sales in M27 in the last 12 months; median £222k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£240,000
- SDLT standard£2,300
- SDLT BTL surcharge (5%)£12,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£256,400
Funding
- Deposit (25%)£60,000
- Mortgage (75% LTV)£180,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£76,400
Monthly Returns
- Monthly Rent (estimate)£1,500
- Mortgage Payment (IO)-£788
- Management (10%)-£150
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£462
Capital Returns
- 5yr Property Value£283,396
- 5yr Capital Gain (3.38% pa, historical)+£43,396
- 5yr Cumulative Rent (net)+£78,313
- Less mortgage interest-£47,280
- 5yr Total Return+£74,429
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 | £248,112 | £68,112 | +£5,544 | +£13,656 | 17.9% |
| Year 2 | £256,498 | £76,498 | +£11,412 | +£27,910 | 36.5% |
| Year 3 | £265,168 | £85,168 | +£17,611 | +£42,779 | 56.0% |
| Year 4 | £274,130 | £94,130 | +£24,149 | +£58,279 | 76.3% |
| Year 5 | £283,396 | £103,396 | +£31,033 | +£74,429 | 97.4% |
Modelled on the live asking price. Capital growth 3.38% a year is the M27 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 (£76,400).
Price Forecast
No forecast available.