3-year horizon · Base scenario · BTL Investor
SELL

Selling today outperforms holding by £18,699 on a net present value basis.

Sell net today
£457,500
Hold NPV
£438,801
Value bridge breakdown
Capital growth contribution −£22,229
Rental income (PV) +£19,166
Exit costs (PV) −£3,411
Income tax (BTL) −£12,225
CGT on exit (PV) −£12,411
Net advantage −£18,699
Confidence & break-even
Assumed growth rate 3.0%
Break-even growth rate 3.8%
Break-even is 0.8pp above your assumption — verdict is robust
Insight: Section 24 tax drag (£2,250/yr) and CGT on exit are the main drivers pushing the verdict toward SELL.