Nottingham, East Midlands, NG2 8 flats in The Picture Works 8 Unit Block | Leasehold
Latest Valuation
£640,500
Current Investors
939
Dividend Yield
3.76%
Last Year HPI
+7.1%
Lowest Share Price
67p
Premium
4.61%
or
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Floorplan

The investment comprises 8 flats - 2 one-bedroom flats, 5 two-bedroom flats and a three-bedroom flat. All the flats contain a living room, kitchen and bathroom.

Six of the eights flats have the benefit of an allocated parking space.

We present here floorplans for 3 of the properties 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 Nottingham

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
+7.1%
3 Years
+20.6%
+6.4% Annualised
5 Years
+29.3%
+5.3% 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)
£80,400
Service Charges
- £13,698
Gross Rental Revenue
= £66,702
Gross Rental Yield
5.76%
Costs
- £40,887
Annual Interest Payment
£21,062
Letting and Management
£9,857
Property Insurance
£0
Allowance for possible voids
£1,546
Maintenance Allowance
£2,366
Corporation Tax
£6,056
Dividends per year
= £25,815
Dividend Yield
3.93%

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 The Picture Works, NG2 3DT,