West Bromwich, West Midlands, B71 3 flats in The Heights 3 Unit Block | Leasehold
Latest Valuation
£324,622
Dividend Yield
3.47%
5 Year HPI
25.0%
or
Learn more about Bids
Buy Price
32p
Discount
1.42%

Documents

Floorplan

The investment comprises 3 two-bedroom flats within a 55 flat residential block. All flats contain a living room, kitchen and bathroom. We present here floorplan layouts for all 3 flats.

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Financials

  • Share Valuation
  • House Price Index
  • Rental Income Breakdown

Note: The estimates provided do not constitute valuation advice; it remains your responsibility to determine valuation.

Land Registry Data Sandwell

The HPI is an official statistic that captures changes in the value of residential properties across England and Wales. It is published by the Land Registry, which is a UK government organisation.

1 Year
+3.5%
3 Years
+19.5%
+6.1% Annualised
5 Years
+25.0%
+4.6% Annualised

Note: Past performance is not a reliable indicator of future results.

Residential property investment is a total returns product. This information is the income component only. Increasing capital values have historically driven most of the return.

Gross Rent per year (E)
£23,400
Service Charges
- £5,325
Gross Rental Revenue
= £18,075
Gross Rental Yield
5.83%
Costs
- £6,681
Letting and Management
£2,869
Property Insurance
£0
Allowance for possible voids
£450
Maintenance Allowance
£689
Corporation Tax
£2,673
Dividends per year
= £11,394
Dividend Yield
3.42%

Note: UK taxpayers are currently entitled to a £5,000 annual dividend allowance. This means that the total income related tax you pay is no greater than if you were to own the property directly. Gross rent and dividends may be lower than estimated. Tax treatment depends on individual circumstances and may be subject to change in future. See FAQs for more information on taxation. The Dividend Yield assumes an investment at the Latest Valuation.

Location

3 flats in The Heights, B71 3AZ,