Cannock, West Midlands, WS11 12 flats in Blackfords Court 12 Unit Block | Freehold
Latest Valuation
£530,500
Dividend Yield
4.54%
Current Investors
1001
Last Year HPI
4.4%
or
Learn more about Bids
Buy Price
58p
Premium
9.33%

Documents

Floorplan

The investment comprises 12 flats within two blocks. The larger block provides 9 two-bedroom flats, with the smaller detached block providing 3 one-bedroom flats to the rear of the site.

There is private off street parking available for tenants.

We present here floorplans for 3 of the flats 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 Cannock Chase

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
+4.4%
3 Years
+13.7%
+4.4% Annualised
5 Years
+22.1%
+4.1% 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)
£69,720
Service Charges
- £4,160
Gross Rental Revenue
= £65,560
Gross Rental Yield
7.11%
Costs
- £38,583
Annual Interest Payment
£17,698
Letting and Management
£8,547
Property Insurance
£1,250
Allowance for possible voids
£1,341
Maintenance Allowance
£3,419
Corporation Tax
£6,328
Dividends per year
= £26,977
Dividend Yield
4.96%

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

12 flats in Blackfords Court, WS11 5BH,