Studio

Greenbank Road, 
Plymouth, 
PL4 7JG
Purchase price
£35,000
  • Tenanted
ATTENTION INVESTORS - HIGH YIELDING HANDS OFF INVESTMENT! High quality student studio apartment walking distance to the city centre and university, in a beautifully redeveloped Grade II listed building.
  • Financial Performance*
Gross rent
£6,440
Ground rent
£350
Service charge
£1,696
Lettings fees
£837
Net income
£3,557
Gross yield
18.4%
Net yield
10.16%
  • Key Features
  • Fully furnished apartment
  • Popular development
  • Above 9% yield
  • Full management included
  • Prime student location
  • University ten-minute walk
  • Stunning Grade II listed conversion
  • Immediate income stream

PLEASE NOTE: Due to the size and lease restrictions associated with purpose-built student accommodation, this property is not mortgageable and is available to cash buyers only as an investment purchase.

This beautifully presented studio apartment is fully furnished to a high standard and benefits from a kitchenette and private en suite bathroom. The property is currently tenanted until the end of the 2026 academic year, providing immediate rental income and achieving a net yield of over 9% after all fees, with full management already in place.

Located within the impressive Grade II listed redevelopment of The Court House, residents benefit from boutique-style amenities including a gym and communal lounge, creating a vibrant student community.

The property is ideally positioned just a 10-minute walk from the University of Plymouth and within easy reach of the city centre, offering a wide range of shops, restaurants, bars, entertainment venues, and essential amenities.

Known as “Britain’s Ocean City,” Plymouth is home to over 30,000 students and continues to attract strong domestic and international student demand, making it a highly attractive investment location.

Please note: In line with the Renters Reform Act, student tenancies are let on periodic agreements rather than fixed-term contracts. Figures are illustrative of a 44-week term in line with the academic year but are subject to change. Please enquire for further information.

We have multiple units for sale within the development. Please enquire for further details.

  • Financial Performance *
Gross rent
£6,440
Ground rent
£350
Lettings fees PA
£837
Service charge
£1,696
Net income
£3,557
Gross yield
18.4%
Net yield
10.16%

Fill in your details below to enquire about property YL-08541
Studio

Greenbank Road, 
Plymouth
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*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