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Studio flat for sale
Longfield Place, Plymouth, Devon, PL4
£47,500
Longfield Place, Plymouth, Devon, PL4
£47,500
Our Summary
- **ATTENTION INVESTORS** This property presents a lucrative investment opportunity with an annual income of £7,905 representing an impressive NET yield of 10
- The combination of it's close proximity to the university and it's location within a city of over 30,000 students ensures steady demand and presents a fantastic investment opportunity for PBSA investors
- CASH BUYERS ONLY Images depicted are for illustrative purposes only
Description
This property offers a lucrative investment opportunity with a net yield of 10.20%, generating an annual income of £7,905. The fully furnished student apartment is situated in a historic Grade II listed building, the Courthouse, within half a mile of Plymouth University. The property benefits from a gym and common area, providing students with convenience and comfort. As a result, it presents a steady demand for rental and attractive returns. With over 30,000 students in Plymouth, this property is an enticing prospect for investors seeking stable returns in the city's vibrant property market.