Romford, London, RM1 Flat 9, Chipping Lodge 2 Bed Flat | Leasehold
Latest Valuation
£201,955
Current Investors
451
Dividend Yield
+2.93%
Last Year HPI
16.7%
Lowest Share Price
20p
Discount
0.99%
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Location

A two bedroom duplex apartment with a separate living room, kitchen and WC on the third floor of the building. The fourth floor has two bedrooms and a family bathroom. There is an allocated off-street parking bay at the front of the property.

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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)
£11,400
Service Charges
- £1,600
Gross Rental Revenue
= £9,800
Gross Rental Yield
4.92%
Costs
- £3,789
Letting and Management
£1,370
Property Insurance
£0
Allowance for possible voids
£438
Maintenance Allowance
£548
Corporation Tax
£1,433
Dividends per year
= £6,011
Dividend Yield
2.90%

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, Chipping Lodge, Romford, London, RM1 3LW,