Market Drayton, Shropshire, TF9 Prospect Court 10 Unit Block | Freehold
Latest Valuation
£484,559
Current Investors
616
Dividend Yield
4.35%
Last Year HPI
+5.1%
Lowest Share Price
49p
Premium
1.11%
or
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Floorplan

The property comprises 10 two-bed purpose built flats.

All the flats contain a living room, kitchen and bathroom. We present here floorplans for 4 of the flats as examples.

There is also off street parking.

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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 Shropshire

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
+5.1%
3 Years
+16.2%
+5.1% Annualised
5 Years
+21.0%
+3.9% 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)
£56,100
Service Charges
- £0
Gross Rental Revenue
= £56,100
Gross Rental Yield
6.41%
Costs
- £34,257
Annual Interest Payment
£16,035
Letting and Management
£6,743
Property Insurance
£1,500
Allowance for possible voids
£2,158
Maintenance Allowance
£2,697
Corporation Tax
£5,124
Dividends per year
= £21,843
Dividend Yield
4.40%

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

Prospect Court, Market Drayton, Market Drayton, TF9 3HP,