Stalybridge, Greater Manchester, SK15 13 flats in Stokes Mill 13 Unit Block | Leasehold
of £647,100
£647,100
Dividend Yield
3.90%
Funded 100.00%
Current Investors
1110
Last Year HPI
8.7%

Documents

Floorplan

The investment comprises 13 flats (8 two-bedroom flats and 5 one-bedroom flats) within a converted mill building and an attached purpose-built block.

We present here floorplans for 3 of the flats as examples.

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Financials

  • Share Valuation
  • House Price Index
  • Rental Income Breakdown
Land Registry Data Tameside

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
+8.7%
3 Years
+20.4%
+6.4% Annualised
5 Years
+24.1%
+4.4% 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)
£91,320
Service Charges
- £18,034
Gross Rental Revenue
= £73,286
Gross Rental Yield
6.46%
Costs
- £47,561
Annual Interest Payment
£21,771
Letting and Management
£10,976
Property Insurance
£0
Allowance for possible voids
£3,512
Maintenance Allowance
£5,268
Corporation Tax
£6,034
Dividends per year
= £25,725
Dividend Yield
3.90%

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

13 flats in Stokes Mill, SK15 3AN,