Derby, East Midlands, DE1 8 flats in Norman House 8 Unit Block | Leasehold
Latest Valuation
£577,100
Dividend Yield
3.70%
Current Investors
1009
Last Year HPI
4.1%
or
Learn more about Bids
Buy Price
59p
Premium
2.24%

Documents

Floorplan

The investment comprises 8 two-bedroom flats

The flats are all recently converted and are finished to a high specification.

We present here floorplans for 3 of the flats as examples.

 

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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 City Of Derby

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
+4.1%
3 Years
+14.5%
+4.6% Annualised
5 Years
+25.0%
+4.6% 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)
£69,600
Service Charges
- £10,288
Gross Rental Revenue
= £59,312
Gross Rental Yield
5.97%
Costs
- £36,944
Annual Interest Payment
£17,309
Letting and Management
£8,365
Property Insurance
£0
Allowance for possible voids
£2,677
Maintenance Allowance
£3,346
Corporation Tax
£5,247
Dividends per year
= £22,368
Dividend Yield
3.78%

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

8 flats in Norman House, Derby, DE1 1NU,