Investors

We provide full support for investors requiring legal, furniture package, tenant find and management. This turnkey service combines with a readymade income to deliver as a successful portfolio asset

ROI

Overall Portfolio Total Gross Rent £348,000 per annum; being 18 Ashford apartments, 2 Ashford Houses, 6 Longstone apartments total 26 properties

  • Yields circa 6.7% unleveraged and circa 11.8% with 75% leverage

  • 1 unit circa £13,200 gross income

  • 6 units circa £79,200 gross income

  • 12 units circa 158,400 gross income

  • 18 units circa £237,600 gross income

  • 24 units circa £316,800 gross income

  • 2 houses circa £28,800 gross income

Capital Appreciation

Over a five year period you might anticipate future returns on capital:

  • 1 unit 5% circa £52,000 7.5% circa £82,000

  • 6 units 5% circa £314,000 7.5% circa £496,000

  • 18 units 5% circa £944,000 7.5% circa £1,489,000

The ONS (Office for National Statistics) publishes data for historic capital growth

Rental Income

There are 2 tenant rental options and a tenant wait list for both:

  • Professional tenant - long tenancy in an unfurnished or funished apartment paying own bills

  • Institution (National Health Service) - short 3 month tenancy, paid quarterly in advance; fully furnished apartments with all bills included

  • Ashford Yards 20 properties are all fully let with long term professional tenants

  • Longstone Yards 6 properties are all fully let to a company with guaranteed rents

Tenant Demand

Strong demand versus supply fundamentals:

  • There is a large teaching hospital where overseas doctors come to live and train to transfer their qualifications to UK compliance generating a need for 3-month furnished lets

  • There is a significant proportion of highly educated professionals requiring long term rentals and a shortage of high specification apartments

  • Eastbourne features in the top 5 locations in the UK that Londoners relocated to post pandemic (Hamptons International, 2020)

  • Eastbourne has the 2nd largest shortage of housing in the UK (National Housing Delivery Test) published annually

Future Outlook

Medium term capital appreciation is supported by strong demand versus supply fundamentals. Short term the revenues derived from property in the form of rents tend to rise with inflation and therefore provide protection from rising prices.