Brighton, Brighton & Hove, BN2 3 flats in Devonshire Place 3 Unit Block | Leasehold
Latest Valuation
£408,756
Dividend Yield
3.36%
5 Year HPI
42.3%
or
Learn more about Bids
Buy Price
40p
Discount
2.15%

Documents

Floorplan

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

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

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
+5.1%
3 Years
+26.0%
+8.0% Annualised
5 Years
+42.3%
+7.3% 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
5.04%
Costs
- £23,155
Annual Interest Payment
£13,817
Letting and Management
£4,634
Property Insurance
£0
Allowance for possible voids
£727
Maintenance Allowance
£741
Corporation Tax
£3,236
Dividends per year
= £13,795
Dividend Yield
3.29%

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 Devonshire Place, Brighton & Hove, BN2 1QA,