Brighton, Brighton & Hove, BN2 3 flats in Devonshire Place 3 Unit Block | Leasehold
of £408,400
£408,400
Current Investors
704
Funded 100.00%
Dividend Yield
3.30%
Last Year HPI
+8.3%

Location

The investment comprises 3 one-bedroom flats.

We present here the floorplans for all 3 flats.

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Financials

  • Share Valuation
  • House Price Index
  • Rental Income Breakdown
Land Registry Data Brighton And Hove

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
+8.3%
3 Years
+31.5%
+9.6% Annualised
5 Years
+45.1%
+7.7% 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)
£37,800
Service Charges
- £850
Gross Rental Revenue
= £36,950
Gross Rental Yield
5.08%
Costs
- £23,183
Annual Interest Payment
£13,817
Letting and Management
£4,634
Property Insurance
£0
Allowance for possible voids
£727
Maintenance Allowance
£741
Corporation Tax
£3,264
Dividends per year
= £13,767
Dividend Yield
3.30%

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

3 flats in Devonshire Place, Brighton & Hove, BN2 1QA,