GROSS RENT PER ANNUM
Rent per annum is the total sum of annual income before expenses, charges or voids.
GROSS RENTAL YIELD
Gross rent per annum divided by the purchase price.
NET RENT PER ANNUM
Gross rent per annum minus fully managed operating costs.
NET RENTAL YIELD
Gross rent per annum minus fully managed operating costs divided by the purchase price.
FULLY MANAGED OPERATING COSTS
The total estimated sum of expenses calculated annually assuming a fully managed service.
Click to understand assumptions.
Profit & Growth
ANNUAL (PRE-TAX) PROFIT
Annual (pre-tax) profit is your annual net cash flow that is calculated by subtracting your estimated fully managed operating costs and your mortgage repayment costs from your gross rent annually.
Click to understand assumptions.
HPI GROWTH (PREV 5 YRS)
The House Price Index (HPI) is the average property value change based on the previous 5 years from Zoopla House Prices & Values.
This information is for illustration purposes only and does not constitute advice. It is correct at the time of writing. For advice specific to your personal circumstances, please speak to a financial adviser.
1 reception room
Documents available on request, please contact for viewings or further questions.
The information relating to the property is supplied by the vendor and the latest available at the date of listing.
Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.
Stevenage is a town and borough in the county of Hertfordshire, situated approximately 28 miles north of the City of London.
This town is serviced by Stevenage Railway Station, which is around twenty minutes away via bus. This station is serviced mainly by ThamesLink and provides routes to London’s King Cross, Brighton, Peterborough and Cambridge. There is a service from Moorgate in London to Hertford.
Roaring Meg Retail Parkis located in the town center which has a selection of well-known department stores like Debenhams and other household names like Argos, Harveys and Furniture Village. Just up the road from here there is also a Cineworld Cinema Complex and Westgate Shopping Centre that features over 30 great stores including some of the biggest High Street names in the country such as H&M and River Island.
Stevenage is home to many large employers’ head offices such as GlaxoSmithKline, Airbus Group Ltd, Paddy Power Betfair and Fujitsu to name a few. The commute to London from this property is just under an hour and so this opens up a whole world of job opportunities in the capital.
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