Property photos
Leasehold
Fixed price
£85,000
(£359/sq. ft)
Studio for sale
North Road East, Plymouth PL41 bath
237 sq. ft
Local area information
Property location
Nearby amenities
- Fletewood School at Derry Villas 0.1 miles
- Plymouth High School for Girls 0.1 miles
- Plymouth 0.2 miles
- Plymouth (Barbican) Landing Stage 0.9 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
- Generates £5,925 net rental income per annum
- Tenanted for new academic year starting September 2023
- Fully managed by local student property specialists
- Less than 1 minutes walk to the University of Plymouth
Perfectly located less than 100 meters from the main campus of the University of Plymouth (21,000 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.
Investment Breakdown - Classic Studio Example £85,000
Classic studio - £179.00 x 50 weeks = £8,950
Annual service charge - £1,600
Minus Lettings Fee of 10% + VAT - £1,074
Ground Rent - £350.00
Annual net income - £5,925 7% net Yield
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 (less than 2 minutes walk).
The North Hill Court development comprises 39 spacious student studios, and its location within the heart of Plymouth student area 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.
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 minute walk from the development.
Unit Specification
Fully furnished student units
Superfast 500mb
Secure key fob entry
Communal laundry room
Large communal entertainment room
Reservation and Payment Plan
Reserve your unit with a signed reservation form
Provide certified id, proof of address and proof of funds to Pure Investor
Pay a £2,000 non-refundable reservation fee
Remaining balance due on completion
Investment Breakdown - Classic Studio Example £85,000
Classic studio - £179.00 x 50 weeks = £8,950
Annual service charge - £1,600
Minus Lettings Fee of 10% + VAT - £1,074
Ground Rent - £350.00
Annual net income - £5,925 7% net Yield
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 (less than 2 minutes walk).
The North Hill Court development comprises 39 spacious student studios, and its location within the heart of Plymouth student area 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.
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 minute walk from the development.
Unit Specification
Fully furnished student units
Superfast 500mb
Secure key fob entry
Communal laundry room
Large communal entertainment room
Reservation and Payment Plan
Reserve your unit with a signed reservation form
Provide certified id, proof of address and proof of funds to Pure Investor
Pay a £2,000 non-refundable reservation fee
Remaining balance due on completion
Floor plans and tours
Floor plans
No floor plan available
Tours
No virtual tour available
More information
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.