Eyndelingen, Station Road, Hillington, King's Lynn, PE31 6DE
Estimate of £592k for this detached house. 257 sales in PE31 in the last 12 months; median £325k.
Value History
Rental Market
Market Metrics
Sales & Yield
3 metricsInvestment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£595,000
- SDLT standard£19,750
- SDLT BTL surcharge (5%)£29,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£646,600
Funding
- Deposit (25%)£148,750
- Mortgage (75% LTV)£446,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£200,350
Monthly Returns
- Monthly Rent (estimate)£2,100
- Mortgage Payment (IO)-£1,952
- Management (10%)-£210
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£162
Capital Returns
- 5yr Property Value£623,805
- 5yr Capital Gain (0.95% pa, historical)+£28,805
- 5yr Cumulative Rent (net)+£112,038
- Less mortgage interest-£117,120
- 5yr Total Return+£23,722
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 | £600,652 | £154,402 | -£1,944 | +£3,708 | 1.9% |
| Year 2 | £606,359 | £160,109 | -£3,432 | +£7,927 | 4.0% |
| Year 3 | £612,119 | £165,869 | -£4,454 | +£12,665 | 6.3% |
| Year 4 | £617,934 | £171,684 | -£5,011 | +£17,923 | 8.9% |
| Year 5 | £623,805 | £177,555 | -£5,082 | +£23,722 | 11.8% |
Modelled on the live asking price. Capital growth 0.95% a year is the PE31 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 (£200,350).
Price Forecast
No forecast available.