Hastings, East Sussex, TN34 St David's Lodge 13 Unit Block | Freehold
Latest Valuation
£1,283,661
Dividend Yield
3.03%
Current Investors
1270
Last Year HPI
+4.0%
or
Learn more about Bids
Lowest Share Price
120p
Discount
6.52%

Documents

Floorplan

The investment comprises 13 two-bedroom purpose built flats. All the flats contain a living room, kitchen and bathroom. There is also parking available.

The flats are built in two kinds of layout. We provide two sample floorplans to illustrate these.

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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 East Sussex

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
+4.0%
3 Years
+23.8%
+7.4% Annualised
5 Years
+35.3%
+6.2% 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)
£117,600
Service Charges
- £5,000
Gross Rental Revenue
= £112,600
Gross Rental Yield
4.78%
Costs
- £75,285
Annual Interest Payment
£44,663
Letting and Management
£14,417
Property Insurance
£0
Allowance for possible voids
£2,262
Maintenance Allowance
£5,190
Corporation Tax
£8,753
Dividends per year
= £37,315
Dividend Yield
2.84%

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

St David's Lodge, Hastings, Hastings, TN34 2RD,