scala apartments spring 2018 5 year...
TRANSCRIPT
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0161 448 2800
www.britanniagroup.com
Scala Apartments spring 2018
5 Year Forecast
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0161 448 2800
www.britanniagroup.com
Example One:
£130,000 Apartment
Scala Development 5 Year Forecast 1 2 3 4 5 Total Over 5 Years
Based on 1st Floor Studio with Balcony
Asset Cost and Income Overview
Purchase Price £130,000
Property Taxes (SDLT) £100
Legals £1,200
Searches £300
Survey £500
Total Asset Cost £132,100
Capital Appreciation 4% PA £0 £5,200 £5,408 £5,624 £5,849 £22,082
Total Asset Value £130,000 £135,200.00 £140,608 £146,232.32 £152,082 £152,082
Revenues
Rental Income PCM £650 £673 £696 £721 £746
Rent Increase PA £273 £283 £292 £303
Cost of Void Periods (Based on 10 days between lets) £221 £237
Rental Income (A) £7,800 £8,073 £8,355.56 £8,648.00 £8,950.68 £41,827
Expenses
Maintenance Charge (7%) £546 £565 £585 £605 £627 £2,928
Management Fees (10%) £780 £807 £836 £865 £895 £4,183
Let Fee £550 £0 £550 £0 £550 £0 £1,100
Deposit Fee £30 £0 £30 £0 £30 £0 £60
Property Block Management Fees (£1000pa) & Gr Rent (£300 pa) £1,300 £1,300 £1,300 £1,300 £1,300 £6,500
Insurance £0
Total Overheads (B) £2,626 £3,252 £2,720 £3,350 £2,822 £14,771
TOTALS (A-B) £5,174 £4,821 £5,635 £5,298 £6,129 £27,057
Capital Appreciation** £0 £5,200 £5,408 £5,624 £5,849 £19,736
Total Return £5,174 £10,021 £11,043 £10,922 £11,978 £49,138
Percentage Return on Investment 4% 8% 8% 8% 9% 37%
*Whilst every attempt has been made to ensure the accuracy of the information detailed here all forecast are approximate and no responsibility is taken for error.
*This forecast is for illustrative purposes only and should be used as such by any purchaser
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0161 448 2800
www.britanniagroup.com
Example Two:
£142,500 Apartment
Scala Development 5 Year Forecast 1 2 3 4 5 Total Over 5 Years
Based on 1st Floor One Bed Facing White Lion
Asset Cost and Income Overview
Purchase Price £142,500
Property Taxes (SDLT) £350
Legals £1,200
Searches £300
Survey £500
Total Asset Cost £144,850
Capital Appreciation 4% PA £0 £5,700 £5,928 £6,165 £6,412 £24,205
Total Asset Value £142,500 £148,200.00 £154,128 £160,293.12 £166,705 £166,705
Revenues
Rental Income PCM £750 £776 £803 £832 £861
Rent Increase PA £60 £581 £64 £623
Cost of Void Periods (Based on 10 days between lets) £255 £273
Rental Income (A) £9,000 £9,059.79 £9,641.03 £9,705.08 £10,327.71 £47,734
Expenses
Maintenance Charge (7%) £630 £634 £675 £679 £723 £3,341
Management Fees (10%) £900 £906 £964 £971 £1,033 £4,773
Let Fee £550 £0 £550 £0 £550 £0 £1,100
Deposit Fee £30 £0 £30 £0 £30 £0 £60
Property Block Management Fees (£1000pa) & Gr Rent (£300 pa) £1,300 £1,300 £1,300 £1,300 £1,300 £6,500
Insurance £0
Total Overheads (B) £2,830 £3,420 £2,939 £3,530 £3,056 £15,775
TOTALS (A-B) £6,170 £5,640 £6,702 £6,175 £7,272 £31,959
Capital Appreciation* £0 £5,700 £5,928 £6,165 £6,412 £19,736
Total Return £6,170 £11,340 £12,630 £12,340 £13,684 £56,164
Percentage Return on Investment 4% 8% 9% 9% 9% 39%
*Whilst every attempt has been made to ensure the accuracy of the information detailed here all forecast are approximate and no responsibility is taken for error.
*This forecast is for illustrative purposes only and should be used as such by any purchaser
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0161 448 2800
www.britanniagroup.com
Example Three:
£230,000 Apartment
Scala Development 5 Year Forecast 1 2 3 4 5 Total Over 5 Years
Based on 3rd Floor Two Bed Penthouse: Front Corner Wilmslow Rd, F/C Glass, Terrace
Asset Cost and Income Overview
Purchase Price £230,000
Property Taxes (SDLT) £2,100
Legals £1,200
Searches £300
Survey £500
Total Asset Cost £234,100
Capital Appreciation 4% PA £0 £9,200 £9,568 £9,951 £10,349 £39,067
Total Asset Value £230,000 £239,200.00 £248,768 £258,718.72 £269,067 £269,067
Revenues
Rental Income PCM £1,150 £1,190 £1,232 £1,275 £1,320
Rent Increase PA £483 £500 £517 £536
Cost of Void Periods (Based on 10 days between lets) £391 £419
Rental Income (A) £13,800 £14,283 £14,782.91 £15,300.31 £15,835.82 £74,002
Expenses
Maintenance Charge (7%) £966 £1,000 £1,035 £1,071 £1,109 £5,180
Management Fees (10%) £1,380 £1,428 £1,478 £1,530 £1,584 £7,400
Let Fee £550 £0 £550 £0 £550 £0 £1,100
Deposit Fee £30 £0 £30 £0 £30 £0 £60
Property Block Management Fees (£1000pa) & Gr Rent (£300 pa) £1,300 £1,300 £1,300 £1,300 £1,300 £6,500
Insurance £0
Total Overheads (B) £3,646 £4,308 £3,813 £4,481 £3,992 £20,240
TOTALS (A-B) £10,154 £9,975 £10,970 £10,819 £11,844 £53,762
Capital Appreciation £0 £9,200 £9,568 £9,951 £10,349 £19,736
Total Return £10,154 £19,175 £20,538 £20,770 £22,192 £92,829
Percentage Return on Investment 4% 8% 9% 9% 9% 40%
*Whilst every attempt has been made to ensure the accuracy of the information detailed here all forecast are approximate and no responsibility is taken for error.
*This forecast is for illustrative purposes only and should be used as such by any purchaser
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0161 448 2800
www.britanniagroup.com
Apartment Floor Beds Sq M. Sq Ft. Balcony/Terrace Size Market Value
1 First 1 31.8 342 No £142,500
2 First 1 36.6 394 No £145,000
SOLD STC First 1 37.6 405 No £150,000
4 First 1 31.0 334 No £145,000
5 First Studio 27.6 297 Yes £130,000
6 First 1 31.1 335 No £145,000
SOLD STC First 1 35.0 377 No £152,500
SOLD STC First 1 33.9 365 No £152,500
9 First 1 32.1 345 No £142,500
Apartment Floor Beds Sq M. Sq Ft. Balcony/Terrace Size Market Value
10 Second 1 31.8 342 No £147,500
11 Second 1 36.6 394 No £150,000
12 Second 1 37.6 405 No £155,000
13 Second 1 31.0 334 No £150,000
14 Second Studio 27.6 297 Yes £135,000
15 Second 1 31.1 335 No £150,000
SOLD STC Second 1 35.0 377 No £157,500
SOLD STC Second 1 33.9 365 No £157,500
18 Second 1 32.1 345 No £147,500
Apartment Floor Beds Sq M. Sq Ft. Balcony/Terrace Size Market Value
19 Third 1 33.6 362 No £150,000
SOLD STC Third 1 40.1 431 No £155,000
SOLD STC Third 1 40.7 438 No £160,000
22 Third 1 32.0 344 No £157,500
23 Third Studio 28.9 311 Yes £142,500
24 Third 2 58.3 627 15.1 sq m £230,000
25 Third 2 58.9 634 15.2 sq m £230,000
Full Scala Price List by Apartment
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0161 448 2800
www.britanniagroup.com
Britannia Group offices are located a 5 minute walk from the
construction site.
Contact the team on 0161 448 2800 for more information.
Scala Apartments
494 Wilmslow Road
Withington Village
Manchester
M20 3BG
Britannia Group
160-164 Wellington Road
Withington Village
Manchester
M20 3FU