Whether you want to assess the purchase of a flat for sale in Birmingham to live in or a buy to let in the Midlands area in general, use these two investment calculators to determine your potential capital growth or rental income from new apartments at The Foundry Birmingham.

The figures below are based on buying a two
bedroom apartment at The Foundry for £190,000
and assuming a conservative 3% growth per
annum (the forecast for house prices in the West
Midlands is 7% nominal growth).

CASH % INVESTED
Cash amount invested (25%) £47,500
Mortgage required (75%) £142,500
Purchase price £190,000
INCOME RECEIVED
1st year projected rental income £11,400
ANNUAL COSTS
Interest-only mortgage payment 2.89%* £4,118
Letting & management fee 12% P/A (excluding VAT) £1,368
Estimated service charge P/A £1,300
Ground rent P/A £300
Total £7,086
RETURN
Total income £11,400
Total costs £7,086
Annual profit £4,314
Return on your cash invested 9.1%
CASH % INVESTED
Cash amount invested (25%) £47,500
Mortgage required (75%) £142,500
Purchase price £190,000
AFTER 5 YEARS
Property value £220,261
Increase in property value £30,261
Gross return on cash investment 64%
AFTER 10 YEARS
Property value £255,343
Increase in property value £65,343
Gross return on cash investment 138%
AFTER 20 YEARS
Property value £343,160
Increase in property value £153,160
Return on your cash invested 322%