Redditch, Worcestershire, B97 Lydan House 6 Unit Block | Freehold
Latest Valuation
£349,604
Current Investors
737
Dividend Yield
+3.88%
Last Year HPI
5.4%
Lowest Share Price
37p
Premium
5.84%
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Location

The investment comprises 6 flats - 2 one-bedroom flats and 4 two-bedroom flats. All the flats contain a living room, kitchen and bathroom. We present here floorplans for 3 of the flats as examples.

There is off street parking available for tenants.

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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 Redditch

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
+5.4%
3 Years
+19.4%
+6.1% Annualised
5 Years
+27.6%
+5.0% 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)
£39,240
Service Charges
- £0
Gross Rental Revenue
= £39,240
Gross Rental Yield
6.58%
Costs
- £24,522
Annual Interest Payment
£9,989
Letting and Management
£4,716
Property Insurance
£650
Allowance for possible voids
£1,509
Maintenance Allowance
£4,150
Corporation Tax
£3,508
Dividends per year
= £14,718
Dividend Yield
4.11%

Note: UK taxpayers are currently entitled to a 10% pidend tax credit on Dividends. As of April 2016, this is to be replaced by 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 or more information on taxation. The Dividend Yield assumes an investment at the Latest Valuation.

Location

Lydan House, Redditch, Worcestershire, B97 4JS,