Heron Wharf, Poplar, E14
£470,000
Financial snapshot
Costs
Your Initial Investment
£168,189
Estimated Deposit
£117,500
Purchase fees
£50,689
Returns
Your total return by 2035
£449,885
Annual Return 10.3%
Rental Growth P.A.
5.5%
Cap Growth P.A.
5%
Rental Income P.C.M.
£2,167
Gross Yield
5.5%
Cost Breakdown
| Name | Description | Amount |
|---|---|---|
| Value Invest Realtor fee | The additional fees that are owed to Value Invest at exchange. This is 1.5% + VAT (minimum £4,499 + VAT) | £8,460 |
| Legal fees | What you'll pay your solicitors for conveyancing services. | £2,040 |
| Mortgage arrangement fees | The cost that is required for particular mortgage products. | £1,999 |
| Mortgage broker fees | Fees payable to your mortgage broker. | £695 |
| Stamp duty | Estimated amount you'd pay in Tax to the UK government – we assumed (unless informed otherwise) that you already own property in the UK or elsewhere in the world, and the purchase will be structured as a company. The exact amount will be based on the final purchase price of the shares, which will be calculated based on the company's net asset value. | £37,000 |
| Valuation fee | Fee paid to the lender for their valuation of the property. | £595 |
| Window Dressing (Blinds) | The cost of your window blinds from one of our trusted partners. | £1,100 |
| Total fees (excluding deposit) | £34,379 | |
Area Highlights
Property values in Tower Hamlets have decreased 4.4% in 5 years
What is the UK House Price Index?
Source: UK House Price Index, HM Land Registry
Train
East India Station
(0.3 miles)
Canning Town Station
(0.5 miles)
Blackwall Station
(0.5 miles)
School
Culloden Primary - A Paradigm Academy
(0.2 miles)
Woolmore Primary School
(0.4 miles)
Langdon Park Community School
(0.4 miles)
Star Primary School
(0.6 miles)
