TAB Feb 2019

Strictly Private & Confidential

19 February 2019

The Budget – Other incomes

Total (pa)

Ground Rent (%)

Property Solstice Lapwing

Tenure Income Months

Notes

AST AST

£1,800 £1,100

12 £21,600 12 £13,200

8.0% 8.0%

£1,728 Extensive investment and risk so lower ground rent £1,056 Extensive investment and risk so lower ground rent

1954 Act 1954 Act 1954 Act 1954 Act 1954 Act 1955 Act

Unit 1

Unit 2

£24,000

12.5%

£3,000 Extensive investment but less risk than Resi

Unit 3

Unit 4

Unit 5 - 1/2 Unit

Landlord building

£11,500

17.5%

£2,013 Less investment to benefit from rent

Unit 5 - 1/2 Unit

Tenant building

£11,500

12.5%

£1,438 Less than above as the building that is let is a tenants building

Farmhouse

£6,000 £500/month - half AST for house in average condition - FRI lease

Total

£15,234

BROWN&CO | Calculations

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