Lincoln, Lincolnshire, LN5 St Catherine's Mews 21 Unit Block | Freehold
Latest Valuation
£987,392
Current Investors
868
Dividend Yield
+4.89%
Last Year HPI
6.5%
Lowest Share Price
104p
Premium
5.33%
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Location

The property comprises 21 purpose built two-bedroom flats.

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

Each flat benefits from an allocated off-street parking space.

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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 Lincolnshire

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
+6.5%
3 Years
+17.4%
+5.5% Annualised
5 Years
+22.6%
+4.2% 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)
£136,560
Service Charges
- £0
Gross Rental Revenue
= £136,560
Gross Rental Yield
7.26%
Costs
- £84,391
Annual Interest Payment
£34,659
Letting and Management
£16,413
Property Insurance
£2,500
Allowance for possible voids
£5,252
Maintenance Allowance
£13,131
Corporation Tax
£12,436
Dividends per year
= £52,169
Dividend Yield
5.15%

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

St Catherine's Mews, Lincoln, Lincoln, LN5 8JT,