Hornchurch, London, RM11 Flat 9, Woodgate Court 2 Bed Flat | Leasehold
Latest Valuation
£242,833
Current Investors
491
Dividend Yield
+2.92%
Last Year HPI
16.7%
Lowest Share Price
24p
Discount
1.15%
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Location

A two-bedroom flat with a separate living room, master bedroom with ensuite shower, second bedroom and a family bathroom.

The flat has the benefit of off-street parking and direct access to the communal garden.

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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 Havering

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
+16.7%
3 Years
+53.8%
+15.4% Annualised
5 Years
+61.5%
+10.1% 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)
£13,200
Service Charges
- £1,587
Gross Rental Revenue
= £11,613
Gross Rental Yield
4.84%
Costs
- £4,440
Letting and Management
£1,587
Property Insurance
£0
Allowance for possible voids
£508
Maintenance Allowance
£635
Corporation Tax
£1,710
Dividends per year
= £7,173
Dividend Yield
2.88%

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

Flat 9, Woodgate Court, Gidea Park, London, RM11 2EX,