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Our Summary
- Smeaton Homes, Plymouth's Landmark Estate Agents, are delighted to present this superb investment opportunity: a modern 5th floor studio apartment located at 28 Central Park Avenue, Devon
- While modern in its design, the property offers a blank canvas for minor cosmetic updates, allowing a new owner to personalise it further if desired
- This studio apartment represents a fantastic opportunity for a cash buyer looking for a high-yielding, low-maintenance investment in a thriving student city
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Description
This 5th floor studio apartment is located in Devon and is part of a purpose-built student accommodation at 28 Central Park Avenue. The studio features a fitted kitchen with appliances, modern unique furniture, and a bathroom. The layout is designed to maximize space, with a comfortable reception area and sleeping quarters.
The property offers elevated views from its fifth-floor position and has a robust investment profile, generating a £7,750 per annum yield with a tenant committed to renewing their tenancy for the 2026-2027 academic year. The building also features an EWS1 certificate, communal garden, and EPC rating C, as well as Council Tax Band A with council tax included for students.