£114,000

Studio for sale

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Leasehold

Fixed price

£114,000

(£229/sq. ft)

Studio for sale

North Road East, Plymouth PL4

1 bath
1 reception
498 sq. ft

Key Information

Tenure:
Leasehold (246 years)
Service charge:
£2,766 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
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.

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

Investment Breakdown - Apartment 2 (£114,000)
Weekly Rental: £279.00 x 50 weeks (£13,950.00)
Annual Service Charge: £2766
Estimated Ground Rent: £350 per annum
Lettings Fee: 12% inc.VAT (£1674.00)
Annual Net Income: Approx. £9,159.41 (8.35% net yield)

Floor plans and tours

Floor plans

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Tours

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

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