£125,000

Studio for sale

  1. Property photo 1 of 11.
  2. Property photo 2 of 11.
  3. Property photo 3 of 11.
Leasehold

Guide price

£125,000

(£251/sq. ft)

Studio for sale

North Road East, Plymouth PL4

1 bath
1 reception
497 sq. ft

Key Information

Tenure:
Leasehold (246 years)
Service charge:
£1,601 per year
Council tax band:
Ground rent:
£350
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Fletewood School at Derry Villas 0 miles
  • Plymouth High School for Girls 0.2 miles
  • Plymouth 0.2 miles
  • Plymouth (Barbican) Landing Stage 0.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Plymouth to find out more about the local area.

Features and description

  • Leasehold
  • Central heating
Pure Investor are delighted to present North Hill Court, Plymouth.

Perfectly located less than 100 metres from the main campus of the University of Plymouth (18,400 full time students), the new North Hill Court development offers arguably one of the best located developments we've ever marketed. Recently completed to a high standard throughout, North Hill Court offers a selection of Classic, Premium and Deluxe studios for sale. Since the launch of the development, North Hill Court has proven hugely popular with students looking for high quality accommodation in close proximity to the university. Located on the ground floor, studio 2 is one of the largest units on the development at 46.20 square metres. Currently on a single tenancy, this spacious unit offers investors the opportunity for dual occupancy at a later stage.

Studio 2 Investment Breakdown - Premium Studio Example £125,000
Classic studio - £219.00 x 50 weeks = £10,950.00
Annual service charge - £1,600.73
Minus Lettings Fee of 10% + VAT - £1,314.00
Block Management Fee - £175 + VAT
Ground Rent - £350.00
Annual net income - £6,309.41
5.05% net Yield

North Hill Court - Management
North Hill Court offers clients a genuine hands free investment experience, with all units within the development being managed by Student Life Lettings, a local specialist student lettings company whose offices are just 4 minutes walk from the development.

Investment Highlights
• Fully furnished, spacious student units
• 100 meters to University Campus, 1 minute walk – ideal location for students!
• Development available for student and residential occupancy
• Superfast 500mb
• Secure key fob entry
• Communal laundry room
• Large communal entertainment room

Location
The North Hill Court development comprises of 39 spacious student studios, and it's location within the heart of Plymouths student ensures a high rental demand for this type of accommodation. As well as the main campus of the University of Plymouth, Plymouth train station, Plymouth College of Art and the Mutley Plain shops are all within easy walking distance.

Payment Plan
1. Reserve your unit with a signed reservation form
2. Provide certified id, proof of address and proof of funds to Pure Investor
3. Pay a £2,000 non-refundable reservation fee
4. Remaining balance due on completion

Floor plans and tours

Floor plans

No floor plan available

Tours

No virtual tour available

More information

Report this listing

Listed by

Property descriptions and related information displayed on this page are marketing materials provided by - Pure. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pure for full details and further information.

  1. Zoopla
  2. For sale
  3. Plymouth
  4. Plymouth City Centre
  5. North Road East

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.