Apartment

3 Longfield Place, 
Plymouth, 
Devon, 
PL4 7BS
SSTC
  • Tenanted
INVEST IN THIS HIGH YIELDING HANDS OFF INVESTMENT! High quality student studio apartment in a beautifully redeveloped Grade II listed building.
  • Financial Performance*
Gross rent
£9,200
Ground rent
£350
Service charge
£1,480
Lettings fees
£1,214
Net income
£6,155
Gross yield
18.4%
Net yield
12.31%
  • Key Features
  • Tenanted Investment Opportunity
  • 10.80% Net Yield
  • Grade II Listed Building
  • Popular Development
  • Reputable Management Company In Place
  • Self Contained Studio Apartment
  • Fully Furnished
  • Cash Buyers Only

**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.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

  • Financial Performance *
Gross rent
£9,200
Ground rent
£350
Service charge
£1,480
Lettings fees
£1,214
Net income
£6,155
Gross yield
18.4%
Net yield
12.31%
*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.
  • Location
  • EPC
Energy Performance Rating