Colchester, Essex, CO1 5 Flats in Dutch Quarter 5 Unit Block | Leasehold
Latest Valuation
£711,296
Dividend Yield
2.82%
5 Year HPI
49.8%
or
Learn more about Bids
Buy Price
61p
Discount
14.24%

Documents

Floorplan

The investment comprises 5 two-bedroom flats within a 51 flat residential block. All the flats contain a living room, kitchen and bathroom. We present here floorplans for 3 of the flats as examples.

All the flats have the benefit of a balcony. There is also parking available with 3 of our 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 Essex

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
+7.2%
3 Years
+32.8%
+9.9% Annualised
5 Years
+49.8%
+8.4% 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)
£59,400
Service Charges
- £6,304
Gross Rental Revenue
= £53,096
Gross Rental Yield
4.48%
Costs
- £35,473
Annual Interest Payment
£19,345
Letting and Management
£7,139
Property Insurance
£0
Allowance for possible voids
£2,285
Maintenance Allowance
£2,570
Corporation Tax
£4,134
Dividends per year
= £17,623
Dividend Yield
2.42%

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

5 Flats in Dutch Quarter, Essex, CO11FQ,