Torquay, Devon, TQ1 Ansteys Court 9 Unit Block | Freehold
Latest Valuation
£777,943
Current Investors
696
Dividend Yield
3.00%
Last Year HPI
+4.3%
Lowest Share Price
66p
Discount
15.16%
or

Floorplan

The property comprises 9 purpose built two-bedroom flats.

All the flats contain a living room, kitchen and bathroom. We present here floorplans for 3 of the flats as examples.

The Surveyor details the total Gross Internal area of the block to be 6,250 sq.ft / 581 sq.m.

There is also parking available.

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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 Devon

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
+4.3%
3 Years
+15.1%
+4.8% Annualised
5 Years
+16.3%
+3.1% 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)
£68,160
Service Charges
- £0
Gross Rental Revenue
= £68,160
Gross Rental Yield
4.96%
Costs
- £47,838
Annual Interest Payment
£24,126
Letting and Management
£8,192
Property Insurance
£1,500
Allowance for possible voids
£2,622
Maintenance Allowance
£6,554
Corporation Tax
£4,844
Dividends per year
= £20,322
Dividend Yield
2.55%

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

Ansteys Court, Torquay, Torquay, TQ1 3TB,