Romford, London, RM1 Flat 4, Richmond Court 1 Bed Flat | Leasehold
Latest Valuation
£190,557
Current Investors
401
Dividend Yield
+2.98%
Last Year HPI
16.7%
Lowest Share Price
19p
Discount
0.31%
Try our new feature

Location

A one-bedroom first-floor flat with a separate living room, kitchen and bathroom.

The flat has the benefit of an allocated off-street parking bay and communal gardens to the rear of the property.

Zoom

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)
£10,200
Service Charges
- £900
Gross Rental Revenue
= £9,300
Gross Rental Yield
4.89%
Costs
- £3,492
Letting and Management
£1,226
Property Insurance
£0
Allowance for possible voids
£392
Maintenance Allowance
£490
Corporation Tax
£1,384
Dividends per year
= £5,808
Dividend Yield
2.97%

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 4, Richmond Court, Romford, London, RM1 2DX,