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Studio flat for sale
The Court House, 104 Greenbank Road, Plymouth PL4
£43,000
The Court House, 104 Greenbank Road, Plymouth PL4
£43,000
Our Summary
- Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply
- Located in a beautifully redeveloped Grade II listed building, residents of The Court House benefit from boutique-style facilities, including a gymnasium and a common room, which allows students to socialise freely with each other and instils a sense of community within the development
Description
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Here is a summary of the property description in a single paragraph without a list:
The Court House, a beautifully redeveloped Grade II listed building, offers a high-yielding hands-off investment opportunity in the heart of Plymouth. This stunning studio apartment is fully furnished to a high standard and includes a kitchenette and en-suite bathroom. Located just a 10-minute walk from the University of Plymouth and the city centre, the property benefits from boutique-style facilities, including a gym and common room. The city of Plymouth is a popular university location, attracting nearly 30,000 students, and has a thriving tourism industry worth £250m annually. The property is available for cash buyers only and is not eligible for a mortgage. With a gross rent of £6,210 and a net income of £3,078.56, the property offers a gross yield of 14.44% and a net yield of 7.16%.