5 x self-container apartment block, fully let on AST's
Current Gross Rental Income - £21,000 p.a. current - 8.75% Yield.
Potential rental income - £27,000 p.a - 11.2% Gross yield based on £450pm per flat.
10 HAWTHORNE RD - has its own separate entrance with 1/2 bedrooms.
10a HAWTHORNE RD - HAs 5 x flats and communal stairs.
All five flats are completely self contained, separate meters etc.
All apartments with lounges, separate kitchens, bathrooms, bedrooms.
Long Leasehold - Residue 999 years.
Ground Rent - £1.79 per annum
Electric heating
(Also conforms to special licence - regs)
Could be split into 5 x Leases.
2.4% Buyers Fee / 2% +VAT Buyers Fee
Stamp duty due
Based on a sale price of £240,000 the total amount of stamp duty payable will be:
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Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.