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Studio apartment for sale
28 Central Park Avenue, Devon PL4
£40,000
28 Central Park Avenue, Devon PL4
£40,000
Our Summary
- Affordable Leasehold Student Investment Property near University in DevonLooking for an excellent investment opportunity
Description
This affordable leasehold student investment property is located near the university and Plymouth Train Station in Devon, making it an ideal choice for investors looking to capitalize on the thriving rental market. The purpose-built studio apartment features one bedroom, one bathroom, and a spacious reception area, with a separate kitchen providing ample space for cooking and meal preparation. With a predicted rental income of £7,000 per annum, this property offers a strong return on investment. As a leaseholder, you'll benefit from a predictable and steady rental income stream, as well as long-term appreciation of your investment. The property also comes with a ground rent of £100 per annum and a ground service charge of £1,450, ensuring the smooth running and maintenance of the building. With its unbeatable location, energy-efficient features, and affordable council tax band A, this property is an attractive choice for investors looking to expand their property portfolio.