Studio for sale in North Road East, Plymouth PL4
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Property description
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)
For more information about this property, please contact
Pure, M34 on +44 161 937 0434 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Pure, and do not constitute property particulars. Please contact Pure for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.