Romford, London, RM1 Flat 22, Rubicon Court 2 Bed Flat | Leasehold
Latest Valuation
£267,380
Current Investors
560
Dividend Yield
2.60%
Last Year HPI
+16.7%
Lowest Share Price
28p
Premium
4.71%
or

Floorplan

A bedroom flat on the 6th floor, with an open-plan kitchen and living room. One of the bedrooms has an en-suite shower room, and there is a separate family bathroom. There is also a balcony from the kitchen/living room area.

The property benefits from allocated off-street parking in a semi-underground carpark.

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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)
£14,100
Service Charges
- £1,950
Gross Rental Revenue
= £12,150
Gross Rental Yield
4.62%
Costs
- £4,693
Letting and Management
£1,695
Property Insurance
£0
Allowance for possible voids
£542
Maintenance Allowance
£678
Corporation Tax
£1,778
Dividends per year
= £7,457
Dividend Yield
2.72%

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

Flat 22, Rubicon Court, Romford, London, RM1 1BJ,