Maihomm

Simplifying home ownership globally for
home buyers through fractional investment.
  • Featured
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  • 3 years ago

Birmingham Flat

Birmingham, United Kingdom

£3,750.00 per slot

Birmingham, United Kingdom

A mature real estate market with favourable returns.

Average occupancy 70%

A mature real estate market with favourable returns.

Projected annual yield 16%

4% from capital appreciation and 12% from average rental income.

Property Overview

1 Bedroom Flat intended for retirement tenants. It is conveniently located for shops and other amenities. The development comprises 74 properties arranged over 3 floors each served by a lift. Includes guest suite.

Financial Details

Property Price Per Slot

£3,750.00

Maihomm fee

£0.00

Legal and closing cost

£9,000.00


Property Acq cost

£90,750.00

Projected Returns

Projected Gross Rent

£15,120.00

Management fees

£1,134.00

Service charge

£2,268.00


Projected Net Rent

£11,718.00

Per Slot

£585.90

Additional Details

Bedroom
1
Bathroom
1
Area
387 Sq.Ft

Location

Birmingham, United Kingdom

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