Eastbourne, East Sussex, BN21 Thornwood 7 Unit Block | Freehold
Latest Valuation
£669,961
Current Investors
653
Dividend Yield
3.12%
Last Year HPI
+9.9%
Lowest Share Price
58p
Discount
13.43%
or

Floorplan

The property comprises 7 purpose built flats - 5 two-bedroom and 2 one-bedroom.

All the flats contain a living room, kitchen and bathroom. We present here floorplans for 4 of the flats as examples.

There is also parking available.

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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 East Sussex

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
+9.9%
3 Years
+28.3%
+8.7% Annualised
5 Years
+37.3%
+6.5% 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)
£56,400
Service Charges
- £0
Gross Rental Revenue
= £56,400
Gross Rental Yield
5.07%
Costs
- £37,839
Annual Interest Payment
£18,685
Letting and Management
£6,779
Property Insurance
£900
Allowance for possible voids
£2,169
Maintenance Allowance
£4,881
Corporation Tax
£4,425
Dividends per year
= £18,561
Dividend Yield
2.70%

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

Thornwood, Eastbourne, Eastbourne, BN21 3YB,