Hayling Island, Hampshire, PO11 129 Southwood Road 14 Unit Block | Freehold
Latest Valuation
£928,022
Current Investors
867
Dividend Yield
3.69%
Last Year HPI
+8.5%
Lowest Share Price
90p
Discount
3.02%
or

Floorplan

The property comprises 14 purpose built flats: 13 two-bedroom flats and 1 one-bedroom flat.

All the flats contain a living room, kitchen and bathroom. We present here floorplans for 3 of the flats as examples.

The Surveyor details the total Gross External area of the block to be 9,800 sq.ft / 910 sq.m

There is also parking available.

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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 Hampshire

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
+8.5%
3 Years
+29.8%
+9.1% Annualised
5 Years
+34.3%
+6.1% 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)
£97,200
Service Charges
- £0
Gross Rental Revenue
= £97,200
Gross Rental Yield
5.62%
Costs
- £63,157
Annual Interest Payment
£33,247
Letting and Management
£11,683
Property Insurance
£1,700
Allowance for possible voids
£3,738
Maintenance Allowance
£4,673
Corporation Tax
£8,116
Dividends per year
= £34,043
Dividend Yield
3.58%

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

129, Southwood Road, Hampshire, Hayling Island, PO11 9NQ,