Pendlebury, Manchester, M27 10 flats in Agecroft Apartments 10 Unit Block | Leasehold
of £518,400
£518,400
Current Investors
877
Funded 100.00%
Dividend Yield
3.60%
Last Year HPI
+9.9%

Location

The investment comprises 10 two-bedroom flats within a 48 flat residential block. All flats contain a living room, kitchen and bathroom.

Each of the 10 flats has the benefit of an allocated parking space.

We present here floorplans for 2 of the properties as examples.

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Financials

  • Share Valuation
  • House Price Index
  • Rental Income Breakdown
Land Registry Data Salford

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
+9.9%
3 Years
+30.2%
+9.2% Annualised
5 Years
+30.5%
+5.5% 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)
£60,000
Service Charges
- £7,950
Gross Rental Revenue
= £52,050
Gross Rental Yield
5.67%
Costs
- £33,017
Annual Interest Payment
£17,616
Letting and Management
£7,356
Property Insurance
£0
Allowance for possible voids
£1,154
Maintenance Allowance
£2,354
Corporation Tax
£4,537
Dividends per year
= £19,033
Dividend Yield
3.60%

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

10 flats in Agecroft Apartments, M27 8BG,