Studio apartment

Greenbank Court, Greenbank Road, Plymouth, PL4 7BS

Size: sqm

Purchase price

£45,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,210
Ground rent £175
Service charge £1,500
Lettings fees £820
Net income £3,715
Gross yield 13.8%
Net yield 8.26%

**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

This stunning studio apartment is fully furnished to an extremely high standard and includes a kitchenette and en-suite bathroom. Located in a beautifully redeveloped Grade II listed building, residents of The Court House benefit from boutique-style facilities, including a gymnasium and a common room, which allows students to socialise freely with each other and instils a sense of community within the development.

The Court House couldn’t be in a more ideal location. The University of Plymouth is only a 10 minute walk away, along with the city centre which offers fantastic retail and nightlife experiences as well as amenities such as a cinema, bars, restaurants and live entertainment venues all within walking distance of this development. Plymouth has plenty of local attractions including boat trips, sandy beaches, a waterfront Lido and the UK’s largest aquarium. There is also lots of green space to explore with the Dartmoor National Park nearby, this is truly a beautiful area to live in.

Plymouth, otherwise known as ‚Britain’s ocean city’s, is home to nearly a quarter of a million people, and is one of the most visited cities in the UK with a tourism trade estimated to be worth ¬£250m a year to the local economy. With over 30,000 students living in the area, Plymouth is an incredibly popular university location and continues to attract a high number of overseas students who represent nearly a sixth of the total student population.

INVEST IN THIS HIGH YIELDING HANDS OFF INVESTMENT! High quality student studio apartment in a beautifully redeveloped Grade II listed building.

Interested in this property? Enquire today for more information

Key features

Key features

Excellent student investment property

Key features

Tenanted for the 2024 academic year

Key features

8% NET return on investment

Key features

Popular development

Key features

Experienced management company in place

Key features

Self contained studio apartment

Key features

Fully furnished

Key features

Kitchenette and ensuite

Key features

Cash buyers only

Key features

Enquire for walkthrough video

INVEST IN THIS HIGH YIELDING HANDS OFF INVESTMENT! High quality student studio apartment in a beautifully redeveloped Grade II listed building. More info...

**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

This stunning studio apartment is fully furnished to an extremely high standard and includes a kitchenette and en-suite bathroom. Located in a beautifully redeveloped Grade II listed building, residents of The Court House benefit from boutique-style facilities, including a gymnasium and a common room, which allows students to socialise freely with each other and instils a sense of community within the development.

The Court House couldn’t be in a more ideal location. The University of Plymouth is only a 10 minute walk away, along with the city centre which offers fantastic retail and nightlife experiences as well as amenities such as a cinema, bars, restaurants and live entertainment venues all within walking distance of this development. Plymouth has plenty of local attractions including boat trips, sandy beaches, a waterfront Lido and the UK’s largest aquarium. There is also lots of green space to explore with the Dartmoor National Park nearby, this is truly a beautiful area to live in.

Plymouth, otherwise known as ‚Britain’s ocean city’s, is home to nearly a quarter of a million people, and is one of the most visited cities in the UK with a tourism trade estimated to be worth ¬£250m a year to the local economy. With over 30,000 students living in the area, Plymouth is an incredibly popular university location and continues to attract a high number of overseas students who represent nearly a sixth of the total student population.

  • Key features
    Tick Desktop Excellent student investment property
    Tick Desktop Tenanted for the 2024 academic year
    Tick Desktop 8% NET return on investment
    Tick Desktop Popular development
    Tick Desktop Experienced management company in place
    Tick Desktop Self contained studio apartment
    Tick Desktop Fully furnished
    Tick Desktop Kitchenette and ensuite
    Tick Desktop Cash buyers only
    Tick Desktop Enquire for walkthrough video
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £6,210
Ground rent £175
Service charge £1,500
Lettings fees £820
Net income £3,715
Gross yield 13.8%
Net yield 8.26%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.