Fenham, Newcastle upon Tyne, NE5 Friars Way & Abbotsmeade Close 19 Unit Block | Leasehold
Latest Valuation
£1,134,300
Dividend Yield
5.01%
5 Year HPI
18.7%
or
Learn more about Bids
Buy Price
114p
Premium
0.50%

Documents

Floorplan

The investment comprises 19 houses - 15 three-bedroom houses and 4 two-bedroom houses.

There is allocated parking available to tenants.

We present here floorplans for 2 of the houses as examples.


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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 Newcastle Upon Tyne

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
+4.2%
3 Years
+11.4%
+3.7% Annualised
5 Years
+18.7%
+3.5% 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)
£151,500
Service Charges
- £0
Gross Rental Revenue
= £151,500
Gross Rental Yield
7.32%
Costs
- £92,922
Annual Interest Payment
£39,723
Letting and Management
£18,209
Property Insurance
£5,225
Allowance for possible voids
£5,827
Maintenance Allowance
£10,197
Corporation Tax
£13,741
Dividends per year
= £58,578
Dividend Yield
5.04%

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

Friars Way & Abbotsmeade Close, NE5 2EX,